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LONDON-Norwich Union has injected its 320,000-sf Galleries shopping centre in Bristol into the Mall Fund, Capital & Regional's town centre retail fund, in return for £123 million ($225 million) of units in the fund. The Mall now owns 5.5 million sf in 18 shopping centres across the UK worth £1.5 billion ($2.8 billion).
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
June 13, 2025
The loan will replace the old one, which was set to mature next month.
June 13, 2025
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June 13, 2025
“I think there’s a chance real numbers will deteriorate soon."