A consortium of banks has advanced a £190 mln (EUR 210 mln) loan to Bicester Village in Oxfordshire. Bicester Village is managed by Value Retail under the Chic Outlet Shopping Villages in Europe brand. The centre features over 130 luxury designer brands. WestImmo Bank said that after 14 years the outlet village continues to deliver double-digit annual growth, underpinning its top market position.
Legal & General Investment Management’s (LGIM’s) managed fund has acquired Tesco Yarrow Road Poole from clients of abrdn for £46.1 mln (€54 mln).
