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Land Sec in $350 mln Scottish retail asset deal with HSBC

Reuters - UK Focus

LONDON, Dec (Shanghai: 600875.SS - news) 9 (Reuters) - Land Securities Group on Tuesday said it had sold retail assets in Livingston, Scotland, to HSBC Alternative Investments for 224.1 million pounds ($350.87 million).

The deal is for the Centre and Almondvale West Retail Park and comes as the group looks to focus on "dominant" regional and Greater London assets, it said in a statement. ($1 = 0.6387 British Pounds) (Reporting by Simon Jessop, editing by Louise Heavens)