Mmastodon BusinessBusiness first seen 5 h ago, last 23 min ago, peak #1
Landsec to buy Metrocentre in £516 million deal
Original: Landsec to buy Metrocentre in £516 million deal https://www.standard.co.uk/business/business-news/intu-london-kent-bluew
Property company Landsec has agreed to buy the Metrocentre shopping centre in Gateshead, Tyne and Wear, in a £516 million deal, according to the Evening Standard. The transaction is linked to the ongoing break-up of the former intu portfolio, which also included Bluewater in Kent. It is one of the largest UK shopping-centre deals in recent years and signals renewed investor interest in large retail destinations.
Why now: Investors and the property sector are closely following how the collapsed intu estate is being sold off and what it says about the recovery of large shopping centres.
LandsecMetrocentreGatesheadintuBluewater
Rank over time, top of the chart is #1. 7 snapshots from 5 h ago to 23 min ago.
Evidence
- Landsec to buy Metrocentre in £516 million deal https://www.standard.co.uk/business/business-news/intu-london-kent-bluewater-tyne-and-wear-b1299092.html # Business # RealEstate # Finance · the_standard@robot.villas · 3
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