London & Stamford has entered into a deal to acquire Kingfisher Mall in Redditch for more than £140 million, Property Week reports. The U.K. property company, which was advised by Jones Lang LaSalle, will buy the asset from Scottish Widows Investment Partnership.
Other potential investors in the deal include Capital & Regional, with backing from Karoo, Sovereign Land, Catalyst Capital, Blackstone, and InfraRed Capital Partners. Cushman & Wakefield and Jackson Criss marketed the shopping centre.
Click here for the story from Property Week.