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IN BRIEF: Capital & Regional to sell Blackburn asset for GBP40 million
Capital & Regional PLC - London-based real estate investment trust focused on community shopping centres - Sells The Mall, Blackburn to the retail arm of the Adhan Group of Companies for GBP40 million in cash. This represents a premium to the December valuation of GBP38.2 million. The sale, which is subject to local authority freeholder consent, is expected to conclude around the end of June.
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