The sale of Liverpool ONE represents “a great opportunity for a new chapter and new investment”, according to the leader of the city council. It was confirmed earlier today the shopping and leisure complex has been sold to a London-based property company in a massive multi-million pound deal. Real estate investors at Landsec announced their newly-acquired 92% stake in the city centre site.
Retail sales have grown by 5% over the past 12 months, with new leases signed 10% above the estimated rental value, re-lettings and renewals 5% above previous passing rent, and overall occupancy of 96%.
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