Land Secs sells Liverpudlian shopping centre

Real estate investment trust Land Securities has exchanged contracts to offload a 413,000 square-foot shopping centre in Liverpool.

Real estate investment trust Land Securities has exchanged contracts to offload a 413,000 square-foot shopping centre in Liverpool.

The St Johns Centre, located in the heart of Liverpool city centre, is to be sold to InfraRed Capital Partners for £76.5m. It is expected to complete in April.

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