British Land sells stake in Meadowhall shopping centre for £360m

Meadowhall

British Land has announced the sale of its 50% stake in Meadowhall, as it continues to focus on retail parks and reduce its exposure to more traditional shopping centres.

The transaction will be completed in July 2024 and British Land said the proceeds will be used for “general corporate purposes” including reinvesting in retail parks.

 

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