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Capital Shopping Centres Group plc Eyeing $687 Million Trafford Mall Stake Sale-Reuters


Friday, 9 Nov 2012 08:46am EST 

Reuters reported that a stake in one of Britain's shopping centers may be sold for about GBP430 million pounds ($687 million), as the owner taps demand from overseas buyers for the real estate. Capital Shopping Centres Plc is exploring the sale of a quarter stake in the Trafford Shopping Centre in Manchester worth about GBP430 million based on the mall's GBP1.73 billion valuation in June. 

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