Doughty Hanson Buys UK Shopping Mall

Doughty Hanson’s real estate fund has acquired Old George Mall, a shopping mall in Salisbury, UK, in a £60m deal.

Doughty Hanson & Co Real Estate bought the 137,000 sq ft, 57-retail unit shopping centre from a joint venture between clients of PRUPIM and Rockspring.

The deal is Doughty Hanson’s eleventh investment from its €590m second fund and brings the total number of shopping centres in which Doughty Hanson has invested in the last eight years to 12.