Foreign buyers eye Meadowhall

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OVERSEAS buyers are thought to be circling over Meadowhall.

The Sheffield shopping centre is one of two major UK malls which could be changing hands in separate deals valuing the assets at almost £2 billion.

Meadowhall has been put on the market by joint owners British Land and London & Stamford with an estimated £1.6 billion price tag.

It is believed the mall has attracted the attention of sovereign wealth funds such as China’s CIC, as well as Australia, Singapore and Norway.