{"id":694216,"date":"2026-01-14T00:08:11","date_gmt":"2026-01-14T00:08:11","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/694216\/"},"modified":"2026-01-14T00:08:11","modified_gmt":"2026-01-14T00:08:11","slug":"silverburn-shopping-centre-under-offer-for-200-million","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/694216\/","title":{"rendered":"Silverburn shopping centre under offer for \u00a3200 million"},"content":{"rendered":"<p>\n  The property developer, which owns <a href=\"https:\/\/www.heraldscotland.com\/topics\/buchanan-galleries\/\" target=\"_blank\" rel=\"noopener\">Buchanan Galleries<\/a>, is said to have made an offer for <a href=\"https:\/\/www.heraldscotland.com\/opinion\/24724509.glasgow-fort-expansion-threaten-city-centre-shopping\/\" target=\"_blank\" rel=\"noopener\">the 1.5m square foot property<\/a> to current owners Henderson Park and Eurofund.\n<\/p>\n<p>\n  <img   width=\"100%\"\/>It has been reported that Silverburn is under offer. (Image: Colin Mearns)\n<\/p>\n<p>\n  The group had acquired the centre, which was recently named as the UK\u2019s \u2018Retail Destination of the Year\u2019, from partners Hammerson and Canada Pension Plan Investment Board for \u00a3140m in December 2021.\n<\/p>\n<p>\n  During the three-year joint venture, Henderson Park and Eurofund have completed more than 60 leasing deals, welcoming a record 16.5m visitors last year.\n<\/p>\n<p>\n  A spokesperson from Landsec <a href=\"https:\/\/www.estatesgazette.co.uk\/news\/landsec-under-offer-to-buy-majority-stake-in-silverburn-mall\/\" target=\"_blank\" rel=\"nofollow noopener\">told Estates Gazette<\/a>: \u201cIn line with our strategy, we\u2019ve been clear that we\u2019re considering various acquisition and disposal opportunities that make financial and strategic sense to the business.\u00a0\n<\/p>\n<p>\n  \u201cUnfortunately we\u2019re not able to comment on individual opportunities or market speculation at this time.\u201d\n<\/p>\n<p>\n  <a href=\"https:\/\/www.costar.com\/article\/93630055\/landsec-eyes-major-glasgow-mall-as-bidding-intensifies-on-900-million-of-uk-sales\" target=\"_blank\" rel=\"nofollow noopener\">CoStar reported<\/a> that the firm was in \u2018early talks\u2019 to purchase the shopping centre in November.\n<\/p>\n<p>\n  <strong>Read more:<\/strong>\n<\/p>\n<p>\n  Tuesday\u2019s news comes two months after the <a href=\"https:\/\/www.heraldscotland.com\/news\/25638641.retail-tycoon-acquires-landmark-scottish-shopping-centre\/\" target=\"_blank\" rel=\"noopener\">Braehead shopping centre was sold<\/a> to high street giant Frasers Group in a deal worth a similar amount of money.\n<\/p>\n<p>\n  At the time, Frasers chief Michael Murray said: \u201cThis acquisition is an important step in delivering our property ambitions and accelerating the Elevation Strategy.\n<\/p>\n<p>\n  \u201cIt cements the group\u2019s position as a leading operator and champion of physical retail destinations while unlocking greater opportunities to serve communities with the best brands, environments and experiences possible.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"The property developer, which owns Buchanan Galleries, is said to have made an offer for the 1.5m square&hellip;\n","protected":false},"author":2,"featured_media":694217,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7826],"tags":[748,918,4884,712,16,15],"class_list":{"0":"post-694216","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-glasgow","8":"tag-britain","9":"tag-glasgow","10":"tag-great-britain","11":"tag-scotland","12":"tag-uk","13":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/115890546466195456","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/694216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=694216"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/694216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/694217"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=694216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=694216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=694216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}