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British Land makes major investment in the retail and office market

One of the largest real estate investment companies has just made an enormous £184-million investment to expand its portfolio. This investment was primarily retail focused with a 300,000-square-foot shopping centre in Ealing Broadway being purchased from Wereldhave for £142.5 million.  The Dutch real estate investment company, Wereldhave, originally purchased the Ealing Broadway mall in 2011, yet it is thought the sale to British Land was at a loss of £13 million.