18 Feb 2010

DELANCEY SHARES IN CASTLEPOINT SHOPPING PARK

Delancey has acquired a 28% partnership interest in the Castlepoint Shopping Parkin Bournemouth on behalf of its £1bn European evergreen fund following a hard fought confidential bidding process.

Following on from its recent acquisition of 40 Holborn Viaduct from Castlemore, the Castlepoint transaction has been completed with one of the centre’s owning partners, believed to be a subsidiary of Castlemore.

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