(Reuters) - Three British retail property groups are among bidders eyeing a stake in Bluewater Shopping Centre in Kent for a bid amount of 600 million pounds, The Times reported. British groups Land Securities Group Plc (LAND.L), British Land Company Plc (BLND.L) in partnership with Norges Bank [NOCB.UL], and Hammerson Plc (HMSO.L) are understood to be the final bidders for the stake, according to the British daily. Australia's Westfield Group (WDC.AX) and the sovereign wealth fund of Norway are also thought to be finalists, The Times said. The newspaper reported that Australia's Lend Lease, which manages Bluewater, is looking to sell 30 per cent of its share in the centre. Land Securities, British Land, Hammerson and Westfield Group could not be reached for a comment outside of normal business hours.

Source: The Times May 05, 2024 14:41 UTC