Dutch investor Wereldhave is in exclusive negotiations with Legal & General Property to acquire the Ealing Broadway shopping centre in west London, according to reports in the UK and Dutch press. The price is said to be around £152 mln (EUR 175 mln), representing a yield of 6.1%.
Dutch investor Wereldhave is in exclusive negotiations with Legal & General Property to acquire the Ealing Broadway shopping centre in west London, according to reports in the UK and Dutch press. The price is said to be around £152 mln (EUR 175 mln), representing a yield of 6.1%.
The mall, opened in 1985, comprises 82 units on an area of ??25,700 m2. Main tenants are Argos, Marks & Spencer, New Look, Primark and Tesco.