Cardiff City Council has completed its acquisition of the freehold interest in the Red Dragon Centre in Cardiff from the British Airways Pension Fund for £54.6m, reflecting a net intial yield of 5.47%.
Cardiff City Council completes £54.6m acquisition of Red Dragon leisure centre
Purchase from British Airways Pension Fund unlocks £500m arena-led scheme in Cardiff Bay with development partner due to be picked
By Paul Norman
CoStar News
April 22, 2020 | 1:20 P.M.
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IN THIS ARTICLE
- Properties
- The Red Dragon Centre
Hemingway Rd, Cardiff, VGL