Equitix Leisure

Equitix has expanded its portfolio with the acquisition of high quality assets in the leisure market from Parkwood. This investment strengthens Equitix’s diversity and sustainability whilst opening future opportunities in both the primary and secondary leisure markets.

Currently, the portfolio consists of the following

Equitix Leisure (Bexley)

The project was acquired in December 2009. The scheme involved the refurbishment of two existing leisure centres at Erith and Crook Log (Bexleyheath) and the construction of a new leisure centre at Sidcup. This project is the largest leisure PPP deal to date in the UK with a capital value of £31 million. The centre was built by Gleeson Construction and operated by Parkwood Leisure.

Equitix Leisure (Breckland)

The project was acquired in December 2009. The facility was built by Kier Easter and involved the provision of a brand new leisure centre in the town of Dereham and a refurbished centre with additional facilities in Thetford. The total capital value is £13 million. Parkwood Leisure is responsible for both operation of and maintenance of the centre.

Equitix Leisure (Penwith)

The project was acquired in December 2009. The facility was opened in March 2004. It comprises a 25 metre competition standard swimming pool, learner pool, flume ride, sports hall, fitness gym, health suite, dance/aerobics studio, cafe bar and ancillary meeting rooms. The capital value of the project is £7 million. Parkwood Leisure is responsible for both operation of and maintenance of the centre.

Equitix Leisure (Solihull)

The project was acquired in December 2009. The scheme involved the construction of a brand new leisure centre at Tudor Grange Park, replacing an old facility and also the refurbishment of North Solihull Sports Centre. It has a capital value of £14 million. Parkwood Leisure provides Soft and Hard FM services.

Equitix Leisure (Sefton)

The project was acquired in December 2009. It opened to the public in February 2003, it was the first new leisure centre to be procured through PFI. It includes a gym, dance studio, 25m swimming pool, sauna and spa, sports hall and café bar. The capital value of the project is circa £6.5 million. The centre is operated by Parkwood Leisure and maintained by G&J Seddon.

Equitix Leisure (Bristol)

Equitix is 100% shareholder in the Bristol Leisure project which achieved financial close in April 2010. Contractor Kier is responsible for the building works whilst Parkwood Leisure for the operation and maintenance of the centre. The new leisure centre is scheduled to open in February 2012 and will provide a centre of sporting excellence for the City and wider region as well as making a significant contribution to the regeneration of South Bristol. The facilities that will become available in the run up to the 2012 Olympics, when demand for sports facilities is expected to reach record levels will include a ten-lane 50-metre swimming pool, a health and fitness suite with 150 stations as well as a wide range of supporting leisure facilities.