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Evolve Estates buys Merseyside shopping centre investment

Evolve Estates has purchased the freehold interest in Central Square Shopping Centre, Maghull, Merseyside from Maghull Properties for £11.85 million, reflecting a net initial yield of 8.25%.

The centre comprises 44 retail units, totalling 53,316 sq ft (4,953 sq m), plus 48 residential flats and two...

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