 Aviva acquired the St Georges Shopping Centre for approximately €99.2 million. International law firm Pinsent Masons and property consultants Lunson Mitchenall advised APIT. Pinsent Masons partner Richard Daffern who led the legal team said: “This is a great acquisition for the fund as this is the prime scheme in Preston, a UK top 40 City. The transaction was completed in less than a month.”
Investment agent Guy Harrison of Lunson Mitchenall said: “The scheme is well let and provides strong income flow. It will also benefit from asset management initiatives that can enhance performance for the purchaser.”
CBRE advised The Mall.
Source: Brown Lloyd James Financial | 
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