PropertyEU
Wereldhave in talks to buy London mall - report
Date: 28 September 2011
Category: Retail
Dutch investor Wereldhave is in exclusive negotiations with Legal & General Property to acquire the Ealing Broadway shopping centre in west London, according to reports in the UK and Dutch press. The price is said to be around £152 mln (EUR 175 mln), representing a yield of 6.1%.

The mall, opened in 1985, comprises 82 units on an area of ​​25,700 m2. Main tenants are Argos, Marks & Spencer, New Look, Primark and Tesco.
 
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Wereldhave in talks to buy London mall - report