Tellon Capital, advised by Aitchison Raffety, has purchased Chineham Shopping Centre in Basingstoke, Hampshire, for around £60m from LGIM Real Assets.
The out-of-town retail destination includes a 24-hour Tesco superstore, M&S Foodhall, Boots, Costa and the Public Library. It is located to the north west of Basingstoke town centre and has 29 units of A1 class usage.
The purchaser is a multi-family real estate investment business in the UK. It works in partnerships with high net worth individuals, families and institutional investors.
Aitchison Raffety advised Tellon Capital. BNP Paribas Real Estate acted on behalf of LGIM.
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