Hammerson confirms sale talks for Leeds shopping centres

The retail landlord has verified that Victoria Gate and Victoria Quarter searching centres in Leeds are up for sale, The Occasions has claimed.

A bid is under discussion with Redical Holdings, a new financial commitment car or truck established up by the two founders of banking advisory business Aalto Devote.

Victoria Gate, a 380,000 sq ft browsing centre, opened in 2016, anchored by the city’s 1st John Lewis retail outlet. The £165m scheme was designed as a modern day edition of a Victorian arcade, and attributes manufacturers these kinds of as & Other Stories, Cos, Tommy Hilfiger and Anthropologie.

Drapers has contacted Hammerson for remark.