ADIA Eyes Bristol’s Cabot Circus
Posted on 12/11/2013
Opened in 2008, Cabot Circus is a major shopping center in Bristol, England. There is over 1.5 million square feet of space. The redevelopment contains offices, retail, hotel, apartments, and a cinema. Developed and currently jointly owned by Hammerson UJ Properties and Land Securities through the Bristol Alliance, the latter is looking to sell its 50% stake.
The Abu Dhabi Investment Authority (ADIA) and an overseas client of AXA Real Estate Investment Management are seeking to purchase the stake for £200 million.
- Abu Dhabi Investment Authority
- AXA Real Estate Investment Managers
- Cabot Circus
- Land Securities
- real assets