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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