Hammerson confident in the potential for success with new Bury retail deal struck with JD Sports.
Hammerson is confident that a new deal that will see JD Sports occupy its Rock scheme
development investment will be good for retail in the area.
The
asset leasing deal will see the retailer take up residence in the £350 million retail and leisure development in Bury, opening a JD Sports and Bank store.
Commenting on the deal, Hammerson assistant director for retail leasing Richard Poyser explained: "JD Sports and Bank are trading exceptionally well and both brands are a great addition to the centre's high street fashion mix.
"We are making strong progress on securing tenants and reaching 75 per cent let is an important milestone ahead of the opening this summer."
Hammerson's interim management statement released last month indicated that the firm's retail assets in the UK and France have had a sound trading performance.
The firm is currently concentrating on maximising its income from its existing portfolio.
Posted by Lisa Crowley
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