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Council adds £9.7m shop to property portfolio

Portsmouth City Council has boosted its new property investment strategy by buying a shop in Swindon for £9.7m.

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By Dan Peters | 18 December 2015

Portsmouth City Council has boosted its new property investment strategy by buying a shop in Swindon for £9.7m.

The purchase of the Matalan retail warehouse comes after the council bought a Waitrose in Somerset for £13m and an industrial warehouse near Gloucester for £8m. 

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Dan Peters

Popular articles by Dan Peters

  1. Leaders clash with Khan over devo in the capital
  2. EXCLUSIVE: Rayner drops Brum inquiry plan
  3. LGA updates business plan amid reorganisation shake-up
  4. London Councils in powers push
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