Hammerson gets backing for EUR 1 bn Leeds scheme

Hammerson and Leeds-based Town Centre Securities have received preliminary planning consent for a EUR 1 bn mixed-use development that will transform the centre of Leeds, northern England. The two property firms have set up a 90/10 joint venture to develop a 100,000 m[sup]2[/sup] retail-led scheme which will regenerate the Eastgate and Harewood districts of the city.

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