MANCHESTER, ENGLAND-Phones 4 U Arena has been sold in a $133 million (£82.1M) deal to Mansford Real Estate, a London-based private European real estate investment firm.
Development Securities in a joint venture with Patron Capital was the seller of the arena which hosts big name performers from the UK, Europe and around the world, says the Manchester Evening News.
Mansford also owns Swinton Shopping Centre, in Salford, a Manchester suburb.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
