
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.

