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Land Securities sells The Gate

Land Securities Group PLC has completed the freehold sale of The Gate, Newcastle to PropInvest for £76.5 million, reflecting a net initial yield of 4.8%.

The Gate, which opened in 2002, is recognised as the city's leading entertainment venue and offers 19 venues under one roof, including restaurants, bars and clubs, state of the art Odeon Cinema and a new Aspers casino.



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