UK REIT British Land is said to have revived talks to sell a large stake in its £1.4bn (EUR 1.6 bn) Meadowhall shopping centre in the north of England. According to an article in the Financial Times, a joint venture between London & Stamford and an Abu Dhabi sovereign wealth fund is the frontrunner to secure the purchase of a 50% stake in the mall located in Sheffield, South Yorkshire. The paper said US opportunity fund Carlyle is also interested in buying the stake.
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