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Housebuilder Cala Group has announced today that an agreement has been signed by the global investment firm Sixth Street Partners and Patron Capital, the pan-European institutional investor focused on property-backed investments, to acquire the company from Legal & General Group Plc.

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A vacant and derelict site in the heart of Newport-on-Tay could soon be home to 23 extra care flats for elderly residents under new plans submitted to Fife Council. Andrew Black Design has lodged the planning application on behalf of developer GMC Ventures for the assisted living accommoda

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