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The National (Scotland)

National

Jamie Calder

Flagship Scottish shopping centre's value plummets as it hits market at major loss

Perth Savills

The St John's Centre is being floated for £2.5m (Image: Google Maps)

A MAJOR shopping hub in a Scottish city has seen its value plummet, being floated on the market for just £2.5 million.

The St John's Centre in Perth was last sold in 2011 for more than £31m, having been built in 1988 at a cost of £20m.

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