Delancey has announced that it has acquired Miller Developments' ('Miller') 50% interest in Centros Miller ('Centros'), one of the UK's leading urban regeneration and mixed-use property development companies. The transaction, which makes Delancey the sole shareholder, underlines its confidence in the Centros business which is currently involved in the development of a number of high profile, retail-led town center schemes.
Through the transaction, Delancey will also acquire Miller's 50% stake in Northern Quarter, Portsmouth; Arc, Bury St Edmunds and Castle View, Lancaster. The
