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SWIP Plans £150M Redditch Mall Sale

Scottish Widows Investment Partnership is seeking to sell the Kingfisher shopping centre for about £150 million.

    Scottish Widows Investment Partnership(SWIP) is seeking to sell theKingfishershopping centre for about £150 million,Property Weekreports. The property is situated in Redditch, U.K. and is jointly owned by two funds.

    SWIP, which paid £211 million for the asset, has appointedCushman & WakefieldandJackson Crissto market the scheme. The property was previously owned byThornfield Properties.

    Click here for the story fromProperty Week.

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