Just a few weeks after buying a majority stake in the Broadmarsh shopping centre in Nottingham, retail-focused real estate investment trust Capital Shopping Centres (CSC) has now acquired the remaining interest.
The firm announced on Thursday that it has agreed to buy the remaining 25% interest in Broadmarsh from Possfund Custodian Trustee Ltd for £18.3m, following the 75% stake it acquired on 9 November from Westfield Group for £55m.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Thousands of estates are sitting unclaimed in the UK – is your family name on the list?More than 5,700 unclaimed estates are on a government list waiting to be found by living relatives. We take a look at the list, and explain how to make a claim
-
420,000 more pensioners to be dragged into paying income tax – how does tax on the state pension work?Hundreds of thousands more pensioners will need to pay tax on their pension income at the end of this tax year, new HMRC data shows. We look at how taxation on the state pension works.
