Olim Property ltd has acquired the freehold of five bowling centres operated by the Original Bowling Company for £12.8m.

The sites were acquired from Columbus UK Real Estate Fund for Olim’s client, the BAE Systems Pension Fund Trustees.

They combine outlets in Ashford, Peterborough, Shrewsbury, Torquay and Wellingborough traded by TOBC as AMF on leases expiring in 2035.

TOBC chief executive Steve Burns told M&C: “We were consulted through the process and look forward to building a strong relationship with our new landlords.”