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Land Securities sells stake in Bristol's Cabot Circus

British property developer Land Securities has sold its 50 percentstake in Cabot Circus shopping centre, Quakers Friars and surrounding shops in Bristol to Axa Real Estate in a 267.8 million pound deal. Cabot Circus, home to more than 140 shops and restaurants, was developed by Land Securities in partnership with Hammerson, which is retaining...

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