Nabarro, Berwin Leighton Paisner (BLP) and Jones Day have scored leading roles as Norway's sovereign wealth fund acquires a 50% stake in Sheffield shopping centre Meadowhall for £308m. Norges Bank Investment Management (NBIM) has bought the stake from London & Stamford Property and Green Park Investments, with property giant British Land owning the remaining 50% of the retail hub, which has a gross asset value of around £1.5bn.
October 09, 2012 at 05:56 AM
1 minute read
The original version of this story was published on Legalweek
Nabarro, Berwin Leighton Paisner (BLP) and Jones Day have scored leading roles as Norway’s sovereign wealth fund acquires a 50% stake in Sheffield shopping centre Meadowhall for £308m.
Norges Bank Investment Management (NBIM) has bought the stake from London & Stamford Property and Green Park Investments, with property giant British Land owning the remaining 50% of the retail hub, which has a gross asset value of around £1.5bn.
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