Back
News

NU buy Eastgate International

The Commission for the New Towns has sold the freehold of the Eastgate International Shopping Centre in Basildon, Essex, to Norwich Union for around £18m.

The centre consists of 620,000 sq ft of retailing floorspace and a 1,000-space multi-storey car park.

Norwich Union partnered the Basildon Development Corporation in the funding of the second phase of the centre.

Drivers Jonas advised the commission.

Up next…