5 days ago By Holly Williams,PA Media Geograph British Land has owned the shopping centre since 1999 British Land has sold its stake in Sheffield’s Meadowhall shopping centre for £360m, bringing an end to its ownership after 25 years. The group said the sale of its 50% holding was part of a shift away from...
Category: Shopping
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AG advises British land on sale of £360 million stake in Meadowhall
International law firm Addleshaw Goddard has advised British Land, one of the UK’s largest property companies, on the sale of its 50% stake in Meadowhall Shopping Centre on the outskirts of Sheffield. The stake is being bought by its joint venture partner in the centre, Norges Bank Investment Management, for £360 million. The...
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British Land sells stake in Sheffield’s Meadowhall shopping centre for £360m
The property developer British Land has sold its 50% stake in the Meadowhall shopping centre in Sheffield to Norway’s sovereign wealth fund in a £360m deal, ending its holding in the site after 25 years. Norges Bank Investment Management will take full control of the shopping centre, the largest in Yorkshire. It already owned 50%,...
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KS1 Geography: How our milk gets from the farm to the shop
Teacher Notes After viewing the clip, the children could use model animals to create a bird’s eye view of the farm William Whiskerson visited. Pupils could use a freeze-frame of the map shown in the clip to help them build up their model, cutting grassy meadows from green paper and ploughed fields from brown paper...
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NBIM buys full ownership of Meadowhall Shopping Centre from British Land
Norway’s sovereign wealth fund manager Norges Bank Investment Management (NBIM) is acquiring full ownership of Meadowhall Shopping Centre in the UK by buying the remaining half from British Land for £360m (€420m), and taking over the mall’s £426m debt in the process. In 2009, British Land sold a 50% stake in Meadowhall to London & Stamford Property and...
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Body Shop administrator to launch auction of stricken chain
The Body Shop’s administrators are to launch an auction of the chain after concluding that an alternative restructuring of one of Britain’s best-known high street retailers was not viable. Sky News has learnt that FRP Advisory, which has been overseeing the collapsed business since January, is to begin formally sounding out potential buyers in the...
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What is Temu and is it safe to buy from? – Which? News
Temu exploded onto the online marketplace scene in 2023, rocketing in popularity and creating a huge buzz on social media and beyond. Word of mouth is everything for this new online marketplace; you may well have heard from a friend who’s bought a water bottle for £2 or a pair of trainers for £6. But...
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Oxford Street 2.0: How £1bn investment will renew and transform London shopping hub
A few short years ago optimism about Oxford Street was in short supply. Footfall plummeted in the pandemic and fears for retail and tourism deterred investment in the area. Empty units were taken over by a spate of insalubrious American candy stores, often filled with fake goods and defaulting on their business rates. Confidence in...
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‘The Body Shop held our hand’: how the troubled British firm helped a recycling startup in India
Sitting in a sultry corner of southern India, beside the rain trees and beaches of Mangalore, Shifrah Jacobs, the co-founder of Plastics for Change, smiles as she recalls how it all began. One thing she says she won’t ever forget is the Body Shop for its big-heartedness when her company was a wet-behind-the-ears startup. The...
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Ikea cancels store opening in landmark London location due to ‘unforeseen issue’
Ikea has announced the cancellation of an opening of one its stores in a landmark London location. The Swedish homeware retailer confirmed the opening of its Oxford Street shop has been postponed in order to fix leaks in the building’s basement. This is the second time the proposed store has been forced to pushback its...
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Major UK shopping centre evacuated with people rushed out in ’emergency’
A MAJOR UK shopping centre has been evacuated after people were rushed out due to a “suspicious item”. Shoppers were told to get out of Westfield shopping centre in Stratford, east London, this morning. 2 Westfield Stratford was evacuated in an emergencyCredit: MartinJohnston7 2 The shopping centre in East London is popular in the capitalCredit:...
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Pet Shop Boys: ‘We should call our next tour Farewell’
26 April 2024 Mark Savage,Music correspondent Alasdair McLellan The Pet Shop Boys formed in 1981, and released their first single three years later “I don’t like spiral staircases,” says Chris Lowe. “And that’s the first time that’s come out in an interview.” Call it an exclusive. You heard it here first. The Pulitzer is in...