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Catalyst/Blackstone buy Houndshill centre

Blackstone and Catalyst Capital have completed their purchase of the Houndshill Shopping Centre in Blackpool for £85m – a 7.4% net yield.
By Helen Roxburgh
December 9, 2011 | 3:48 P.M.

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The 300,000 sq ft centre has been sold by KPMG, administrator to Modus Corovest (Blackpool) Limited, which is the vehicle set up to redevelop Houndshill by Manchester-based Modus.

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News | Catalyst/Blackstone buy Houndshill centre