The Crown Estate has sold a 50% stake in the Westgate Centre, Oxford to Land Securities just after completing the purchase of the centre from Capital Shopping Centres for £56 mln. Land Securities is now buying a 50% interest in the complex for just over £28 mln (EUR 33 mln), representing a yield of 6.75%. The property will be jointly held in a new Limited Partnership.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
