{"id":191945,"date":"2022-01-06T14:49:42","date_gmt":"2022-01-06T14:49:42","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=191945"},"modified":"2022-01-06T20:34:23","modified_gmt":"2022-01-06T20:34:23","slug":"cheshire-oaks-designer-outlet-and-swindon-designer-outlet-sold-for-600","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/cheshire-oaks-designer-outlet-and-swindon-designer-outlet-sold-for-600\/","title":{"rendered":"Cheshire Oaks Designer Outlet and Swindon Designer Outlet sold for \u00a3600 million"},"content":{"rendered":"
Cheshire Oaks and Swindon Designer Outlets have been sold to real estate investment management firm LaSalle Investment Management for \u00a3600 million.<\/strong><\/p>\n The deal was reportedly struck with real estate investment management firm LaSalle Investment Management, a subsidiary of JLL. LeSalle beat Bluewater owner Landsec to seal the deal, with Cheshire Oaks understood to make up the bulk of the purchase price.<\/p>\n The sale represents one of the biggest commercial property deals<\/strong> in recent years.<\/p>\n Cheshire Oaks is the UK's largest designer outlet village at 400,000 sq ft.<\/strong> while Swindon Designer Outlet has claimed to be one of the largest covered designer outlets in Europe. Both are managed by the McArthurGlen Group.<\/p>\n