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Meadowhall Shopping Centre, Sheffield
Capital RaisingUK Regional

Meadowhall Shopping Centre, Sheffield

Capital Raising: Meadowhall Shopping Centre, Sheffield

Pursuant to Nightingale assisting in the formation of a joint venture (below) LondonMetric / Green Park Joint Venture acquired a 50% stake in Meadowhall Shopping Centre, the remainder held by British Land.

The centre has a floor area of 1,500,005 sq ft (139,355 sq m). The purchase price £587.7 million / 6.75% NIY.

The property was later sold to Norges Bank for £762.5m / 5.09% NIY.

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