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British Land shelves plans to sell stake in Meadowhall in favour of equal JV with Norges

British Land has shelved plans to sell half of its 50% stake in Sheffield’s 1.37m sq ft Meadowhall Shopping Centre, preferring instead to forge its first 50:50 strategic joint partnership with Norges Bank Investment Management (NBIM), the world’s second largest sovereign wealth fund.
By James Wallace
September 20, 2012 | 12:00 P.M.

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Savills was appointed by British Land in January to find a buyer for half of its 25% stake in Meadowhall.

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News | British Land shelves plans to sell stake in Meadowhall in favour of equal JV with Norges