m&g real estate news and archive

Hammerson sells stake in Highcross Shopping Centre

Hammerson has confirmed that it has sold its 50 percent stake in Leicester’s Highcross Shopping Centre and created a new international joint venture. The 236 million pound deal has created a new 472 million pound joint venture with an Asian investor introduced by M&G Real Estate, which will leave Hammerson managing the centre under the new joint...

Retail

River Island to relocate Maidstone store

Fashion retailer River Island is to relocate its Maidstone store from its current spot in Week Street to a bigger unit nearby as part of the town’s Fremlin Walk shopping centre. River Island has signed a 10-year lease with M&G Real Estate, which purchased the shopping centre in late 2014, and will become an anchor unit, taking the 13,000 square...