Issue 2010 September 14th

This issue was created on 2010-09-14 12:09:00

  • End of fund brings Overgate to marketSeptember 14, 2010
Owner and developer Lend Lease has put the Overgate shopping centre in Dundee, Scotland up for sale following the completion of the fund term. The Australian developer has instructed agent Jones Lang LaSalle to sell the 42,000 sq m mall for around GBP 130m – reflecting a 7.25% yield - ahead of the termination of the fund that owns it.
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