Tesco hands dockland Quays to British Land

摘要

British Land is gearing up for a vast redevelopment of Canada Water in London's Docklands, after taking control of the Surrey Quays Shopping Centre. Property Weekcan reveal that the REIT has bought out Tesco, its 50:50 joint venture partner at the 309,000 sq ft mall at Canada Water, for a price thought to be around ￡50m. With full control of the Tesco Extra and BHS-anchored scheme, British Land is now free to forge ahead with its plans for a significant retail and residential development in the Southwark borough.