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Preferred bidder picked for £500 million-plus Metrocentre mall

UK REIT has made no secret of commitment to buying super-regional shopping centres
Gateshead's Metrocentre is one of the UK's largest malls. (Metrocentre)
Gateshead's Metrocentre is one of the UK's largest malls. (Metrocentre)
CoStar News
July 28, 2026 | 6:50 AM

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Landsec has entered exclusive talks to buy Metrocentre, the Gateshead super-regional mall comprising 2 million square feet, for in excess of £500 million.

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News | Preferred bidder picked for £500 million-plus Metrocentre mall