METRO SELLS N1, ISLINGTON

The Metro Shopping Fund (Metro), the 50/50 London based retail joint venture between Land Securities and Delancey, announced today that it has completed the sale of the Islington N1 shopping centre for around £112m to Henderson Global Investors for its German business Warbug-Henderson KAG.

At approximately 150,000 sq ft the N1 centre has a shopping, catering and entertainment offer with a Vue cinema, Next, Gap, HMV, FCUK as well as a O2 academy and several restaurants and bars.

For more information please download our Press Release below.