UPDATE 1-Simon Property sells CSC stake -source
October 18, 2012 at 15:35 PM EDT
LONDON/NEW YORK, Oct 18 (Reuters) - U.S. shopping centre owner Simon Property Group Inc has sold out of Capital Shopping Centres Group Plc, almost two years after it attempted a 2.9 billion pound ($4.7 billion) takeover of the British mall developer, a source familiar with the deal said.