Wednesday, 24 November 2010

Capital Shopping Centres in talks to buy Trafford Centre in £1.6bn deal - Telegraph

Capital Shopping Centres in talks to buy Trafford Centre in £1.6bn deal - Telegraph

Capital Shopping Centres, owner of Lakeside in Essex and the Metrocentre in Gateshead, is in advanced talks to buy the Trafford Centre in Manchester as shopping malls become hot property.

"If the deal goes ahead it will be one of the largest transaction for a single asset in UK property history."

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