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Investor acquires €18.7 million retail development

Shirley Advance, the joint venture between Helical Retail and Coltham Developments, has sold its Parkgate Centre in Shirley, near Solihull, to a fund managed by Moorgarth Group, a South African-backed investor, for €18.7 million (£16 million). The 195,000 sq ft scheme, which is anchored by ASDA on a long leasehold,…

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