Land Securities acquires modest stake in Lend Lease Retail Partnership

23rd Oct 2014 17:19

Land Securities has marginally increased its stake in the Bluewater shopping centre in Kent after acquiring a 1.6% stake in the Lend Lease Retail Partnership for £12.8m.The partnership's major investment is a 25% stake in Bluewater.The FTSE 100 group announced back in June that it had taken a 30% interest in the shopping centre.

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