British Land revives sale of stake in flagship retail centre

Posted on 12/05/2008


FT reports that, “British Land has reignited talks to sell a large stake in its flagship £1.4bn ($2.3bn) Meadowhall shopping centre in the north of England. A London-listed property fund, backed by an Abu Dhabi sovereign wealth fund, is seen as frontrunner to secure the deal. The shopping centre in Sheffield, South Yorkshire, comprises almost […]