MEADOWHALL CENTRE TO GO UP FOR SALE

PROPERTY developer London & Stamford is close to putting Sheffield’s Meadowhall shopping centre up for sale in a deal that could be worth as much as £1.6bn. London & Stamford owns half of Meadowhall, one of Britain’s biggest malls, with a Middle Eastern partner, while British Land owns the remaining half. The sale is likely to attract interest from overseas sovereign wealth funds. All parties declined to comment.