PW Real Estate Fund III is set to pay £323m to acquire Pinewood Group, the owner of Pinewood Studios.
The fund does not plan to separate Pinewood’s real estate from its operating business, according to a person with knowledge of the matter, but aims to accelerate existing expansion plans.
Aermont Capital runs the fund that is aiming to buy Pinewood. It has to complete financing for the deal within the next four weeks.
