Merry Hill owner sells Black Country business park to ‘fix balance sheet’
The owner of Merry Hill shopping centre has offloaded a Black Country business park for £15.5 million in order to ‘fix the balance sheet’.
Intu has sold Waterfront Business Park in Brierley Hill to London-based Bridges Fund Management.
It was reported during the summer that Intu was battling a £4.7 billion debt mountain and warned that rent from shops would fall for the rest of 2019 and next…