Westside Plaza in Edinburgh is under new ownership, following the acquisition of its owners Real Estate Investments Nederland - a company holding a portfolio of UK shopping centres and student accommodation.
Irish family-owned business Martin Property Group has acquired the national portfolio, which includes 1.2 million square feet of retail space from Stichting Mars Pensioenfonds (SMP), a Dutch pension fund.
The other assets include Clarendon Shopping Centre Hyde, Exchange Shopping Centre Rochdale, Four Seasons Shopping Centre Mansfield, Ankerside Shopping Centre Tamworth, and Angel Place Shopping Centre Bridgwater. A portfolio of student accommodation was also part of the transaction.