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British Land Company PLC Acquires 50% Stake in SouthGate, Bath for GBP101 million


Wednesday, 4 Sep 2013 02:00am EDT 

British Land Company PLC announced that it has entered into an agreement to purchase 50% of SouthGate in Bath from Multi Southgate (LP) Limited for GBP101 million. The remaining 50% is owned by Aviva Investors. The acquisition is expected to complete by the end of September. SouthGate is a new 430,000 sq ft, prime open air retail scheme next to Bath Spa railway station which forms the south east quadrant of Bath city centre. 

Company Quote

731.0
2.5 +0.34%
11:36am EDT