Shopping centre operator Sovereign Centros has taken ownership of the Metrocentre in Gateshead, as the assets of former institutional landlord Intu continue to be sold off.
Sovereign Centros, which also operates other retail schemes including the Telford Centre and St Enoch in Glasgow, said it would manage the centre, while property firm Savills will take responsibility for the onsite property management.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few moments before your account is updated.