Retail-focused real estate investment trust Capital Shopping Centres (CSC) has agreed terms on two proposed transactions, the acquisition of a 30.96-acre site in Scotland and the purchase of a option relating to land in Spain.
The firm, which already owns large shopping centres such as the Trafford Centre in Manchester and Lakeside in Thurrock, will pay Clydeport Properties £4.7m for the King George V Docks in Braehead, Glasgow, a site adjacent to its existing Braehead centre.
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