British Land purchases Ealing Broadway block
by James Renoux-Wood Thu 21 November 2013, 5:50 pm
Developer British Land now has sole ownership of the Ealing Broadway Shopping Centre, after its purchase of the third block at the site for £28.8 million.
Crystal House Block (above), which was sold by a Northen Ireland private investor, forms one of three entrances to the 8.3ha retail centre and comprises 32,000sq ft of retail space across 13 floors and a 21,000sq ft office block above 125 car parking spaces.
Key retail occupiers in the block include Body Shop, Monsoon, The Perfume Shop and Ernest Jones.
Charles Maudsley, head of retail for British Land, said: “The acquisition of the front section of Ealing Broadway Shopping Centre unlocks significant opportunities to grow and develop the entire centre by continuing to improve the retail mix and increasing the leisure offer
“Ealing Broadway continues to improve as the area benefits from residential development and the completion of Crossrail.”