Leisure is, arguably, one of the most diverse sectors of the UK economy, catering to residents and tourists alike through restaurants, cinemas, casinos, bowling alleys, sport centres, spas, golf courses, etc.
Together, the leisure sub-sectors account for a growing and sizeable slice of the UK economy and are well-placed to benefit from the recovery in consumer demand. According to the latest ONS data, the leisure industry has more than doubled over five years to reach an estimated total turnover of £176 billion.
The leisure sector has been an area of focus for M&G Real Estate for a number of years and has been the feature of some significant transactions, including the Gala Bingo portfolio (£173m) and the Bannatyne health clubs portfolio (£92m) – evidence of our research-led approach to investment.
Source : M&G Real Estate