A going-concern sale has been secured to save the Antonine Shopping Centre in Cumbernauld.
Beltrace (Antonine), a new joint venture company between Belgate Estates and Tracey Investments, has been formed for the purposes of the acquisition.
The deal, which is for an undisclosed sum, includes the 200,000 sq ft shopping centre and all connected assets, including 42 retail units and nearly 1,100 car parking spaces.