Legal & General Property has confirmed its acquisition of the Meadows shopping centre in Chelmsford, Essex.
The fund manager acquired the 150,000 sq ft mall from Lend Lease for £56.1m, reflecting a 7.7% net initial yield.
The Meadows shopping centre
Legal & General Property has confirmed its acquisition of the Meadows shopping centre in Chelmsford, Essex.
The fund manager acquired the 150,000 sq ft mall from Lend Lease for £56.1m, reflecting a 7.7% net initial yield.
The Meadows shopping centre
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