GTAM Apex Lakeside and Farran Investments completed the acquisition of Lakeside Retail Park from Landsec for £114m.

GTAM Apex Lakeside and Farran Investments, REIT companies, completed the acquisition of Lakeside Retail Park, a large out-of-town shopping centre located in West Thurrock, Essex, from Landsec, a commercial property development and investment company, for £114m. "In line with our strategy we have continued to recycle capital out of assets where our ability to add further value is limited. The sale of Lakeside Retail Park will support our drive to focus our resources on areas where we can deliver an attractive income return and sustainable income growth," Tim Treadwell, Landsec Head of Retail Portfolio.