The Mall sells Bristol centre for £50m
Published: 04 January, 2011
Mall fund continues disposal programme with sale of The Galleries in Bristol
Capital & Regional and Aviva’s Mall fund has sold The Galleries shopping centre in Bristol to HSBC European Active Real Estate Trust for £50.2m. The sale price reflects a premium to the 30 September 2010 valuation.
Situated in the heart of Bristol’s Broadmead shopping district, the Galleries is occupied by a mix of independent retailers such as @moss and Greetings Galore and larger stores such as Boots and WH Smith.
Capital & Regional has an interest of 16.7 per cent in the Mall Fund.
