Canada Life to Forward Fund Turnstone Estates’ Leisure Development in North Colchester

Latest News • December 20, 2021

Insurance and financial services company, Canada Life, has agreed to forward fund Turnstone Estates £65 million leisure development in Colchester’s Northern Gateway. As part of the deal Colchester Borough Council has taken an over-riding lease on the scheme with a full buy-back of the Leisure Park at the end of the term for £1. This will allow the council to manage future leisure provision within the town with outright ownership after 35 years.

Image credit: Colchester Borough Council

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