The extension will bring the centre's total size to 360,000 sqft and include a 20,000 sq ft store on two floors for fashionretailer Next.
USS's Graham Burnett said: "We are delighted that the planningapplication has been successful and we have the green light for ourplans to further improve and enhance Gyle's exciting offer."
The pension fund bought the Gyle two years ago for £186.75million ($292.4 million) at an initial yield of 5.18%. Theequivalent yield, taking into account rent reviews, was 6.37% basedupon an estimated £175 per sq ft ($274.3 million) zone A. Othertenants at the Gyle include Marks & Spencer, Gap, Virgin andRiver Island.
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