Case Study » Equity Raising

Meadowhall Shopping Centre, Sheffield

LondonMetric / Green Park Joint Venture

• JV acquired 50% stake, the remainder held by British Land.
• Floor area of 1,500,005 sq ft (139,355 sq m).
• Purchase price £587.7 million / 6.75% NIY.
• Later sold to Norges Bank for £762.5m / 5.09% NIY.
• A 32.3% IRR.

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