Land Securities has announced the sale of ‘The Centre’ and the ‘Almondvale West Retail Park’ in Livingston to HSBC Alternative Investments for £224.1m. The sale reflects Land Securities strategy of refocusing its shopping centre portfolio on ‘dominant regional and Greater London assets’. ‘ The Centre’ is Scotland’s second-largest covered shopping and is home to over 160 retailers. ‘Almondvale West Retail Park’ (pictured) comprises six units totalling 116,000 sq ft let to retailers.
LAND : Land Securities sells off Livingston properties for £224m