A property giant has bought a Southampton retail park as part of a multi-million pound deal.
M Core describes itself as 'one of the UK’s largest, privately held commercial property collectives'.
It bought Antelope Retail Park in Thornhill as part of a £35 million deal which also saw it purchase a retail park in Darlington, a Matalan store in Newport and a Morrisons in Coventry amid others.
The Thornhill retail park is nearly 138,000 square feet-big and includes a range of retailers such as Lidl, Ninja Warrior, The Gym and Greggs.
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LCP group managing director James Buchanan, which forms part of M Core, said: “We could not let up this exceptional opportunity to acquire such a high-quality, multi-site portfolio, spanning much of the UK.
“These assets include significant retail destinations in affluent locations, of a size, scope and social impact that supports our investment goals.
“We are excited by the potential to deliver enhanced returns through management and improvement, building on the portfolio’s existing mix of well-performing national occupiers and retailers.
M Core has invested more than £560 million in 90 shopping centres, retail parks and convenience parades in the last three years alone across the UK.
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