Landsec completed the acquisition of an additional 17.5% stake in Bluewater from GIC for £120m.

Landsec, the largest commercial property development and investment company in the United Kingdom, completed the acquisition of an additional 17.5% stake in Bluewater, a shopping centre in Dartford, England, from GIC, a global long-term investor, for £120m. This transaction is in line with Landsec's objective to grow its investment in major retail destinations, recycling capital from its recent non-core disposals in an earnings accretive way.