British Land acquires mall

Kasmira Jefford
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BRITISH LAND yesterday said it has bought a 50 per cent share in the Eden Walk shopping centre in Kingston-upon-Thames for £41.5m.

The firm bought the stake in the 1960s mall from the Universities Superannuation Scheme, its partner on Whiteley Shopping Centre in South Hampshire, which is due to open next year.

The pair plan to expand Eden Walk, which spans 276,000 square feet and includes 22 shops, three offices and a multi-storey car park. It is anchored by Marks & Spencer, Sainsbury’s, Boots and BHS.