Delancey makes major investment in regeneration sector (UK)

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

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