Manchester Arena sold as part of £436m deal
Property investment firm Secure Income REIT is to acquire the SMG-managed arena from Mansford, in a deal that also includes several hotels and pubs
News By | 16 March 2018
British property company Secure Income REIT has agreed to buy Manchester Arena, alongside several other hospitality assets, in a deal worth £436 million.
In a 9 March filing with the London Stock Exchange, Secure Income REIT (real-estate investment trust) – which also owns 19 private hospitals, 55 hotels and popular UK theme parks Alton Towers and Thorpe Park – said it had agreed to buy off-market two portfolios worth a combined £436m (€494m), which in addition to Manchester Arena include another…
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