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"26% of city centre shops are empty", says survey

Link to Sheffield Telegraph

"After years of delays, Sheffield council is expected to express its frustrations at this month's negotiations with developer [and Brent Cross owner] Hammerson.

Hammerson project director Richard Brown said:
"In the past three months, we have agreed six new lettings in the area of the development site. In addition, five existing businesses have agreed to continue to trade, to maintain an active presence.

... We continue to actively manage the site, in advance of our development proposals coming forward."
"Hammerson has exchanged contracts to acquire Leeds’ Victoria Quarter, which is anchored by upmarket department store Harvey Nichols, for £136m, reinforcing its presence both in Leeds and in the fast-growing luxury retail sector."

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