UK-listed shopping centre group Liberty International raised gross proceeds of £280.5 mln (EUR 311 mln) from the placing of 56 million shares at 500 pence each on Wednesday. The proceeds will enable Liberty to resume investment in its UK regional shopping centres and Central London assets. Except for pre-existing commitments, Liberty's investment plans were placed on hold about twelve months ago as a result of the 'exceptional turmoil in financial and property markets at that time', the company said.
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