British Land, Retail industry, Sheffield, Yorkshire, Business, Services sector, UK news, England, Norway Business | The Guardian
Norway’s sovereign wealth fund to take full control of the largest shopping centre in YorkshireBusiness live – latest updatesThe property developer British Land has sold its 50% stake in the Meadowhall shopping centre in Sheffield to Norway’s sovereign wealth fund in a £360m deal, ending its holding in the site after 25 years.Norges Bank Investment Management will take full control of the shopping centre, the largest in Yorkshire. It already owned 50%, having first invested in 2012. Continue reading…
Norway’s sovereign wealth fund to take full control of the largest shopping centre in Yorkshire
Business live – latest updates
The property developer British Land has sold its 50% stake in the Meadowhall shopping centre in Sheffield to Norway’s sovereign wealth fund in a £360m deal, ending its holding in the site after 25 years.
Norges Bank Investment Management will take full control of the shopping centre, the largest in Yorkshire. It already owned 50%, having first invested in 2012.
