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CBRE GI buys Colchester's Lion Walk

CBRE Global Investors and Universal-Investment have completed the acquisition of Lion Walk Shopping Centre in Colchester, Essex on behalf of German pension fund Bayerische Versorgungskammer (BVK) from Sovereign Centros and Ares Management for £76.5m, as revealed by CoStar News.
CoStar News
February 15, 2016 | 2:01 P.M.

Lion Walk is Colchester’s prime retail pitch and main fashion destination. The 205,000 sq ft centre serves a strong, growing catchment population of more than 126,000 people and more than 4.5m tourists a year.

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