Centre is acquired by asset manager

Idlewells Shopping Centre, Sutton In Ashfield
Idlewells Shopping Centre, Sutton In Ashfield

Sutton’s Idlewells Shopping Centre has just been acquired by specialist community shopping centre investor and asset manager, Ellandi.

London-based, Ellandi now has over a dozen shopping centres from across the UK in its portfolio, having acquired Idlewells on 26th November.

Tim Cornford, Ellandi Asset Manager, said: “We are delighted to have Idlewells in our portfolio – and look forward to ensuring local people continue to enjoy this thriving community shopping centre.

“We have no major development plans for the centre, our intention is to give it a slight refresh and focus on the reduction of vacant units.”