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Old 06-16-2008, 08:11 AM
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Join Date: Sep 2007
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Default British Land sells The Peacocks for £116m

British Land has exchanged contracts with a private investor for the disposal of The Peacocks, its shopping centre in Woking, for £116m. This reflects a net initial yield of 5.75% and is in line with the March 2008 valuation. The Peacocks comprises almost half a million sq ft of retail and leisure space, with a [...]

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