CSO - Capital Shopping Centres Group Plc - Broadmarsh Nottingham
CSO
CSO
CSO - Capital Shopping Centres Group Plc - Broadmarsh, Nottingham
CAPITAL SHOPPING CENTRES GROUP PLC
(Registration number UK3685527)
ISIN Code: GB0006834344
JSE Code: CSO
Issuer Code: CSCSCG
BROADMARSH, NOTTINGHAM
Capital Shopping Centres (CSC) has today conditionally agreed to acquire
Westfield Group`s 75% interest in the Broadmarsh Shopping Centre in Nottingham
for a consideration of GBP55 million payable in cash.
Westfield and CSC are now in discussions with Westfield`s partner, PossFund,
about the proposed acquisition and PossFund`s intentions with respect to its 25%
interest in Broadmarsh.
Further details about the transaction will be announced once these discussions
have concluded.
Susan Marsden
Company Secretary
10 November 2011
Sponsor
Merrill Lynch South Africa (Pty) Ltd
Date: 10/11/2011 07:20:23 Produced by the JSE SENS Department.
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