24 July 2014

LAND Securities today said its £350m Trinity Leeds shopping scheme is on target "to be one of the most profitable developments we undertake this cycle" after revealing it is almost 65% let.

The developer said that 45% of the space at the 1m sq ft site had been let, with a further 12% in solicitors' hands and another 8% in negotiations.

Recent lettings include 12,000 sq ft at roof top level to international restaurant operator D&D, which is to open two restaurants at the sc

In a third quarter interim management announcement this morning, Land Securities said: "The scheme continues to attract substantial interest and with two years to completion and moving towards being 65% let, it remains on target to be one of the most profitable developments we undertake this cycle."

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