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20/03/2014
Three Shopping Centres Sold In £600m Deal
A number of shopping centres across the UK have been bought by London-based Intu Properties, in a deal understood to be worth almost £600m.
The property company has reportedly paid almost £400m for the Westfield Centre in Derby, which was the first Westfield shopping centre to open in the UK in 2007.
Intu has also purchased the Sprucefield retail park in Bangor, Co Down, in Northern Ireland for a reported £69.8m, and taken over Westfield's half share in the Merry Hill shopping centre in Dublin.
Intu now owns a total of 12 shopping centres across the UK.
(MH/JP)
The property company has reportedly paid almost £400m for the Westfield Centre in Derby, which was the first Westfield shopping centre to open in the UK in 2007.
Intu has also purchased the Sprucefield retail park in Bangor, Co Down, in Northern Ireland for a reported £69.8m, and taken over Westfield's half share in the Merry Hill shopping centre in Dublin.
Intu now owns a total of 12 shopping centres across the UK.
(MH/JP)
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