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Shopping Centre Investment

Volume 87: debated on Wednesday 27 November 1985

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asked the hon. Member for Wokingham, as representing the Church Commissioners, if he will detail the exact investment by the Church Commissioners' asset committee in the new shopping centres in St. Enoch, Glasgow, Ipswich and Gateshead; if he will give the names of any principal shopping chain that might be participating in that investment; and if he will make a statement.

The commissioners' total investment in the three shopping centres is likely to be in the order of £120 million. Sears Holdings is to participate in the development of the centre at St. Enoch's, Glasgow.