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Orion Capital in pole position to buy Scottish retail park

Orion Capital Managers is under offer to buy Kingsgate Shopping Park in East Kilbride, Scotland where it already owns the town’s main shopping centre, CoStar News can reveal.
By Kasmira Jefford
November 2, 2016 | 6:45 P.M.

The real estate private equity firm is understood to be close to acquiring the 270,000 sq ft site from Aviva Investors for around £90m, which would reflect a yield of around 7%.

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