Highcroft Investments Plc (LSE:HCFT) agreed to acquire Freehold Interest of a Health and Fitness Club Investment in Birmingham from Bae Systems Pension Funds Trustees Limited for £4.9 million on June 26, 2018. The acquisition was made from existing cash reserves and supplemented by the sale of some equity investments. Completion of the transaction is expected to take place on July 23, 2018. Fabien Holler and Andrew Potts of Panmure Gordon (UK) Limited acted as financial advisors to Highcroft Investments Plc. Highcroft Investments Plc (LSE:HCFT) completed the acquisition of Freehold Interest of a Health and Fitness Club Investment in Birmingham from Bae Systems Pension Funds Trustees Limited on July 23, 2018.