Town's shopping centre sold for about £150m
The shopping centre in Bracknell was opened in September 2017
- Published
A town's major shopping centre has reportedly been bought by an investment firm for about £150m.
US-based Realty Income bought The Lexicon in Bracknell from previous owners Schroder Capital UK Real Estate Fund and Legal & General Capital.
The shopping centre, which opened in September 2017, includes high street staples Primark, Next and JD Sports.
The Lexicon was developed by the Bracknell Regeneration Partnership, a joint venture between Bracknell Forest Council and Legal & General.
Its first anniversary was celebrated with a visit by the late Queen Elizabeth in October 2018.
The centre had been up for sale since March.
Queen Elizabeth II visited Bracknell and the Lexicon about a year after it opened
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- Published7 September 2017
- Published18 April 2017
