Merry Hill set for major overhaul after £400m deal

DUDLEY’S massive Merry Hill Shopping Centre is set for a major overhaul in order to attract more premium retailers following a £408m buy-in to the site by UK shopping centre owner Intu.

Intu has agreed to purchase a 50% stake in the centre from former owner, Westfield, with the other half of the business remaining with Australian investment body QIC.

Intu said it believed the Merry Hill complex was significantly under-performing because of its retail mix and has announced plans for a radical reorganisat... For the full story register now for free or login below...