BL sells retail portfolio for £191m
Published: 28 September, 2016
BMO Real Estate Partners buys in Manchester, York and Wakefield
British Land has sold three retail properties across the north of England to BME Real Estate Partners for £191. The properties are the Debenhams store in Market Street, Manchester; the Clifton Moor retail park in York; and the Westgate retail park in Wakefield
Clifton Moor in York is a 248,000-sq ft scheme with a restricted planning consent anchored by a 120,000-sq ft Tesco Extra. Other tenants include DFS, Oak Furnitureland, Pets at Home and Wilko. And Westgate in Wakefield is a 139,000 sq ft retail park where tenants include Currys PC World, Pets at Home, Toys 'R' Us, Mothercare and Wickes with Mecca Bingo and Cineworld as leisure anchors.