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Shopping centre sales

Series: Construction Mall Press Release ; 24 August 2004 (1)Publication details: 2004Subject(s): Summary: The latest "Shopping centre overview" report has been published by Nelson Bakewell. It shows that despite several interest rate rises, the shopping centre market shows no signs of abating. The first six months of 2004 saw twice as many shopping centres sold in the UK as in the same period last year. By the end of June 2004, 48 centres had changed hands for a total of £2.455bn. Quoted property companies were the biggest sellers as they took advantage of the capital growth seen on their assets purchased over the last three years. http://www.constructionmall.co.uk/press/article/12 055

The latest "Shopping centre overview" report has been published by Nelson Bakewell. It shows that despite several interest rate rises, the shopping centre market shows no signs of abating. The first six months of 2004 saw twice as many shopping centres sold in the UK as in the same period last year. By the end of June 2004, 48 centres had changed hands for a total of £2.455bn. Quoted property companies were the biggest sellers as they took advantage of the capital growth seen on their assets purchased over the last three years. http://www.constructionmall.co.uk/press/article/12 055