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Landsec Lines Up £500m-Plus Deal for Gateshead’s Metrocentre
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Landsec Lines Up £500m-Plus Deal for Gateshead’s Metrocentre
Landsec is reportedly emerging as the frontrunner to acquire Gateshead’s Metrocentre in a deal that could value one of Europe’s largest shopping centres at more than £500 million. The FTSE 100-listed real estate investment trust is understood to be leading the race for the landmark North East retail destination, ahead of other interested parties including Frasers Group and Hammerson. Metrocentre was brought to market in June by the Metrocentre P…
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