British Land Co. plc is in advanced discussions to purchase Ealing Broadway shopping centre in London alongside some high street shops for about £180 million from Wereldhave NV. Wereldhave is looking to sell its UK retail assets, which include the 407,000 sq ft Ealing Broadway scheme and the 530,000 sq ft Dolphin Shopping Centre in Poole, after values fell.

Wereldhave purchased the Dolphin centre from Grosvenor for £80 million in 2010 and Ealing Broadway from Legal & General Property for £155 million in late 2011. Wereldhave is being advised by Cushman & Wakefield. All parties refused to comment to Building Design.