U+I ties up with McArthurGlen, Aviva and Richardsons for £160m Cannock designer outlet scheme

U+I, the specialist regeneration developer and investor, has entered into a joint venture agreement with a consortium managed by McArthurGlen to deliver a Designer Outlet in Cannock, near Birmingham, over which the company’s wholly owned subsidiary, Development Securities (Cannock) Limited (“DS Cannock”) has an option to acquire.