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- April 1, 2011: Vol. 5, Number 4

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Metric Acquires Retail Project in United Kingdom

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Metric Property Investments Plc, a UK-REIT focused on retail property, has acquired a standalone Bhs store and its surrounding site in the United Kingdom for £12 million (€14 million). Metric plans to redevelop the site in Kirkstall, Leeds, into a retail property of approximately 8,000 square metres. Bhs has agreed to take a new unit in the completed scheme.

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