Landsec buys Metrocentre in £516m deal
Summarised from 2 outlets · 3 reports · Updated 2 Oct, 11:43 · Archive
Property company Landsec has agreed to buy the Metrocentre shopping centre in Gateshead for £516m.
Property company Landsec has exchanged contracts to buy 100 per cent of the Metrocentre in Gateshead from Tynehawk Holdings for £516m. The Metrocentre is one of the biggest shopping centres in the UK.
Landsec is thought to have beaten Mike Ashley's Frasers Group to seal the deal.
How it is being reported
- What you need to know as Gateshead's Metrocentre is sold in £516m dealChronicleLive · 1 Oct, 15:19
- Deal to sell Metrocentre for £516m agreedBBC Tyne And Wear · 1 Oct, 11:00
- Metrocentre in Gateshead is sold in deal worth more than £500mChronicleLive · 1 Oct, 07:49
In this story: Landsec · Metrocentre · Gateshead · Tynehawk Holdings · Frasers Group · Mike Ashley
This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem
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