Birmingham's Bullring in £210m sale

Land Securities has sold its slice of Birmingham shopping centre and event space, the Bullring, to an Australian government fund in a £210m deal.

Three year-old Bullring in £210m sale
Three year-old Bullring in £210m sale

The iconic 125,000msq building, which houses a Selfridges store, will now be one-third owned by The Future Fund, an Australian initiative to meet its public sector pensions liabilities.

The Bullring, which runs events including fashion shows, has been a success since its launch and reportedly took a jump in value over the last month.

A spokesperson for Hammerston, which manages the centre, told Event that there will be no changes to the events calendar as a result of the recent sale.

In May this year, the Bullring was closed due to a possible chemical leak.

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