Gingko Tree Investment is being lined up to buy Meyer Bergman’s half-stake in Bentalls shopping centre, Kingston, Surrey.
The Chinese sovereign wealth fund outbid MNG Real Estate and British Land for the 700,000 sq ft shopping centre, paying more than £200m – a 4.3% yield.
The centre, which includes tenants Apple, Zara ad Superdry, was put on the market in October.
Aviva Investors still own its half-stake in the shopping centre.
CBRE and US firm Eastdil Secure advised Meyer Bergman; JLL advised Gingko.
All parties declined to comment.
