UK firms Queensberry Real Estate and Bywater Properties have acquired the Metquarter shopping centre in Liverpool in their second joint acquisition.
UK firms Queensberry Real Estate and Bywater Properties have acquired the Metquarter shopping centre in Liverpool in their second joint acquisition.
Financial details were not disclosed.
The centre comprises 129,102 sq ft (11,993 m²) of retail and restaurant space across 44 units over 2 floors.
Queensberry Real Estate will act as asset manager and developer of the site on behalf of the joint owners.
Paul Sargent, CEO and co-founder of Queensberry Real Estate said: 'The main objective is to convert the north-west end of the property into A3 use and attract a high quality cluster of restaurants with an all day and evening offer. This in turn will complement the existing retail offer.'
The companies acquired Kingsway Centre in Newport in 2014 from the UBS Triton Fund for an undisclosed sum.
