Broadways change hands

CBRE Global Investors has acquired both Hammersmith Broadway and Fulham Broadway shopping centres on behalf of its Malaysian client the Employees Provident Fund.

The fund has paid £270.5m to the William Ewart Group for the combined 260,000 sq ft of retail space at the two centres, both of which average 95% occupancy, and both of which sit on top of a London Underground station.

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