EG’s interactive graphic on the acquisition of Sheffield’s premier shopping centre
After months of negotiations, Norges Bank Investment Management this week completed its acquisition of the 1.5m sq ft Meadowhall shopping centre in Sheffield from a joint venture comprising London & Stamford and Green Park Investments. British Land, which was set to sell down its 50% share, decided instead to partner with Norges to “further develop the long-term potential of Meadowhall”. Morgan Stanley, CBRE and Savills advised on the deal.
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