|Link to web site|
"Property giant British Land took a £142.5 million bet on Crossrail today, as it snapped up a major shopping centre in west London from its Dutch owner.
"... Ealing’s centre is almost 30 years old, and British Land thinks the deal will unlock redevelopment potential and shift its retail portfolio to London and the South-East. British Land retail head Charles Maudsley said:
“We believe there are opportunities to develop the shopping centre as a retail destination, both as we improve the retail mix and increase the leisure offer, and as the area benefits from residential development and the completion of Crossrail."