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Sovereign Wealth Funds Briefing - Categorized | Alternative Investments, Market

British Land shelves Meadowhall mall stake sale

Posted on 21 September 2012

British Land has shelved plans to sell part of its stake in the Meadowhall shopping mall in Sheffield, opting instead to retain its full 50 percent because of the centre’s strong performance over the past year, two sources familiar with the deal said.
British Land had put the holding up for sale to capitalise on strong demand for shopping mall assets, but has instead opted to form an equal partnership with Norway’s sovereign wealth fund which is buying half of the centre………………………………………..Full Article: Source


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