Cardigans are this season's must have... FSI advise X-Leisure on their latest leisure park acquisition
FSI have just advised X-Leisure, the fastest growing premier leisure brand, on the acquisition of Cardigan Fields, the leisure complex in Leeds from British Land.
FSI have already advised X-Leisure on numerous acquisitions and disposals including the purchase of Cambridge Leisure, and the property aspects of the sale of Star City in Birmingham, a deal totalling £85.5 million. This new £39.5 million acquisition is an important addition to their portfolio of 22 entertainment and leisure destinations situated throughout the UK.
Stephen Lewis, FSI partner said:
"We were delighted to work with X-Leisure again and play a part in their continued expansion. Given our knowledge of this sector and understanding of X-Leisure's needs the team were able to provide a fast and effective service."
-Ends-
Notes to editors:
- The FSI team was led by Stephen Lewis with support from Chris Allan and Adam Walford
- S J Berwin advised British Land
- X-Leisure were also advised by surveyor James Welch of Sibal Welch
Finers Stephens Innocent LLP have:
- a dedicated retail and leisure practice
- a significant track record in the retail and leisure sector including a three year relationship with X-Leisure advising on the acquisition of numerous sites and the management of 15 X-Leisure leisure parks
- a client list including Tragus, Ultimate Leisure, the owners of the Daily Telegraph, Pizza Hut, Monsoon, Top Ten Holdings, Fairview New Homes and D&D restaurants (formerly Conran restaurants)
- eight areas of practice: real estate, corporate, commercial litigation, IP media, private client, family, employment and personal injury
- a partner led approach
- 35 partners
For more information on this, or any other FSI press release, please contact:
Judith Prime, Business Development Director
T: +44 (0)20 7344 5578
E: Judith.prime@fsilaw.com