Launched in 2002, the fund invests in prime leisure schemes in the UK. The fund aims to outperform the MSCI All Leisure Index.

Leisure activities are no longer the reserve of special occasions. Post-COVID, we see consumers favouring a return to experiences over material goods.
Andrew Ferguson, Senior Fund Manager

Our strategy

The fund aims to invest in good quality leisure schemes located in strong catchment areas.

Schemes are anchored by multiplex cinemas and have sufficient critical mass to enable added value through active management.


years' experience


number of properties


number of occupiers

As at 31 December 2020.


The Leisure Fund Limited Partnership is committed to environmental improvement. As a result, we have developed an environmental management system (EMS) to help control environmental risks and reduce our environmental impact. We track a number of ESG factors including utility usage and work with occupiers to deliver improved social impact measures. We take our EMS seriously and to help drive progress we invite external auditors to evaluate our work.


Case studies

  • Exeter Road, Bournemouth

    Exeter Road, Bournemouth

    • Located on the South Coast of England.
    • The Leisure Fund has developed Bournemouth’s premier leisure destination, anchored by a 10-screen Odeon cinema alongside 12 restaurant units.
    • The scheme achieved practical completion in Q4 2016 (115,000 sq ft) and opened to the public in March 2017.
  • Coliseum Leisure Park, Ellesmere Port

    Coliseum Leisure Park, Ellesmere Port

    • Located in the North West of England adjacent to Cheshire Oaks Outlet Village.
    • The scheme is anchored by a 70,000 sq ft luxury Vue cinema alongside 10 restaurants, a Travelodge hotel, tenpin bowling, trampoline centre and indoor golf operation.
    • The scheme is one of the first generation out of town leisure destinations but maintains a very strong trade and long-term commitment from its operators.

Specialist funds

Specialist areas of the real assets market

Key risks

The value of an investment and any income taken from it is not guaranteed and can go down as well as up, you may not get back the amount you originally invested. Past performance is no guarantee of future results.

Whilst LGIM has integrated Environmental, Social, and Governance (ESG) considerations into its investment decision-making and stewardship practices, this does not guarantee the achievement of responsible investing goals within funds that do not include specific ESG goals within their objectives.