'Hugely exciting' sale of Merry Hill shopping centre is finalised as 'new era' begins
The sale of Merry Hill shopping centre in Dudley has been finalised, it has been confirmed today.
The directors of Merry Hill confirmed they have completed the sale of the retail and leisure destination in Brierley Hill to real estate owner-operator and investment manager Redical in a deal in line with an agreement in principle that was reached late last year.
Merry Hill will join Victoria Leeds, The Liberty Romford, and Clayton Square Liverpool, in Redical’s growing portfolio.
Miles Dunnett, Merry Hill director, said: “I am delighted to announce the sale to Redical, who is absolutely the right party to continue Merry Hill’s development as the leading super regional centre in the Midlands. I am also very grateful to our outstanding team at the centre who have worked tirelessly over the last five years.
“Merry Hill now provides an excellent customer experience, with multiple new store openings, provision of great dining experiences, and many new leading leisure venues for returning and new customers to enjoy.
