Further space let at Trinity Leeds

TRINITY Leeds, the £350m shopping centre scheme under construction, is now 57.8% pre-let with a further 7.9% in solicitors’ hands, according to its developer.

Land Securities said Trinity Leeds’s pre-let space had moved from 54% last September to the present level.

The scheme, which is expected to be completed early next year, has confirmed occupants including Marks & Spencer, BHS, H&M, Boots, Primark and Topshop/Topman.

In a trading update, Land Securities’s chief executive Francis Salway said: “Despite weak economic news flow, we have continued to make progress in the period having completed a number of development lettings, and further reduced void levels on our portfolio.

“As is to be expected in a period of economic uncertainty, letting transactions are taking longer to execute.”

Land Securities also announced that Mr Salway is to stand down as chief executive at the end of the company’s financial year on March 31.

He will be replaced by Robert Noel, managing director of the group’s London portfolio.

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