Sale prices was 91% less than REIT paid just five years ago.
Savills is seeking £40m for a slice of the 630,000 sq ft Princesshay estate
More than £60m sought for 1.5m sq ft of shopping space
Investment is shopping centres was lower in 2023 than in any year since 2000
Northern Ireland-based group bought the centre 18 months ago
Joint venture formed to buy the Antonine Shopping Centre
Brasier Freeth and Lunson Mitchenall mandated on shopping centres
Receivers sell shopping centre for £10.9m
Site was previously marketed in 2016, with an asking price of £43.5m
Tim Burbidge and Jon Hobbs look at the five key issues driving change in the shopping centre market
Investment firm offloads largest asset acquired in Drum Income Plus REIT takeover
The 211,845 sq ft shopping centre has been in the hands of receivers since summer 2020