LONDON (dpa-AFX) - British retail property owner Capital Shopping Centres Group Plc (CSCG.L) Wednesday said it has agreed terms on two proposed transactions with the Peel Group. The first is to acquire a 30.96 acre site known as King George V Docks adjacent to CSC's shopping centre at Braehead, Glasgow for 4.7 million pounds from Clydeport Properties Limited. The other acquisition is of a three year option alongside a refundable deposit of 7.5 million euros to purchase two parcels of land in the province of Malaga, Spain; an approximately 60 acre site which has initial planning consents for the construction of a high-class regional shopping centre and leisure development, and an adjacent approximately 14 acre site which is earmarked for possible future development for 2.5 million euros from Peel Holdings Limited.
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