MANCHESTER, UK-Development Securities PLC, a property investor and developer, has bought a portfolio of retail and mixed-use properties in Manchester from Citybranch Limited. The properties changed hands for GBP 11.1 million.
The portfolio includes a mixed-use property on the Liverpool Road and the Chorlton Cross Shopping Centre in the suburb of Chorlton-cum-Hardy. The shopping center sits on a roughly 2.5-acre site. The Cooperative Bank provided GBP 4.5 million for the acquisition. For the full story, go to PropertyMall .
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