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Westfield To Offload Nottingham Mall

Australian shopping center portfolio operator Westfield Group is looking to sell its 75 percent stake in Broadmarsh Shopping Centre.

    Australian shopping center portfolio operatorWestfield Groupis looking to sell its 75 percent stake in Broadmarsh Shopping Centre,The Wall Street Journal报告。每一个条件协议,Capital Shopping Centres Group(CSC) will be paying £55 million in cash for acquisition of the asset, located in Nottingham, England.

    Westfield and CSC are in talks with Westfield's partnerPossfund Custodian Trusteefor the proposed acquisition and regarding its 25 percent stake in Broadmarsh. CSC has a portfolio of 14 properties in the U.K.

    Click here for the story fromThe Wall Street Journal.

    Click here for additional coverage fromEurope Real Estate.

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