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CSC in control at Xscape

Capital Shopping Centres (CSC) has secured sole ownership of Glasgow's Xscape Braehead leisure complex.

The site includes a ski slope, retail space, a cinema and restaurants.

It had net rental income of £3.2 million in 2011.

Property investment firm Capital & Regional will make around £4m for selling its stake in Xscape.

Mike Butterworth, CSC's chief operating officer, said the deal underlined the company's commitment to the area, where it owns the main shopping centre.

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