Discount shopping village snapped up in £332.5m deal
Land Securities has acquired a discount shopping village in West Yorkshire as part of a £332.5m deal for a trio of centres.
The portfolio includes J32 in Castleford, Freeport Braintree in Essex and Clarks Village in Somerset, all of which it acquired from Hermes Investment Management.
Together they have an annual rental income of £21.6m.
J32, which is 20 minutes from Leeds city centre, is home to 90 outlet stores including Barbour, M&S and Cadbury outlets, as well as discount chains Card Factory and The Works.
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