Capital & Regional's Mall Fund sells Bristol asset (UK)

Capital & Regional plc has announced that the Mall Fund has exchanged contracts for the sale of The Galleries Shopping Centre Bristol to HSBC European Active Real Estate Trust for a price of £50.2 million (approx. €58.4 million).

The Galleries Bristol

The Galleries, Bristol.

The sale price reflects a premium to the September 30, 2010 valuation.

Capital & Regional has an interest of 16.7% in the Mall Fund.

Source: Capital & Regional

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