Primark goes big in Trinity Leeds (UK)

Land Securities has revealed that Primark has signed up for a major store of 90,000 ft² (approx. 8,300 m²) gross space in Trinity Leeds. This is the largest space taken by a single fashion brand in this exciting development, which is set to transform shopping in the North of England.

Trinity Leeds

Trinity Leeds is due to open in spring 2013.

This new deal is another strong vote of confidence for the 1 million-ft² shopping and leisure destination in the heart of the city center as well as for Leeds. With Primark on board, Land Securities has achieved 58% pre-let and in solicitors' hands, which defies the existing challenging market.

Trinity Leeds is expected to catapult Leeds from the seventh to fourth place in the UK retail rankings surpassing Manchester when it opens in spring 2013.

The retailer is planning to dazzle shoppers with the new store covering three floors of fashion trading across 67,400 sq ft. The 'anchor' will stand tall in the western end of the new retail destination opposite a new flagship H&M.

After September this year there will be no new shopping center openings in the UK until Trinity Leeds opens in 2013. Land Securities' schemes in Leeds and Glasgow are already benefiting from this with strong retailer demand for the right space in the right location.

Land Securities, Managing Director for Retail Richard Akers, said: "There's a real sense of excitement in the city about the Trinity Leeds development and its investment in Leeds. You can already see that it is transforming the city and people are eagerly awaiting the opening. Primark's new store has just increased the anticipation.

"The store will attract many shoppers from across Yorkshire and further afield. And it's another milestone for the project and a real demonstration of our strong relationship with Primark. Last year, we announced major new stores in Sunderland and Livingston creating great spaces for the popular brand. Together we're showing confidence in this great city."

The Trinity Leeds project was the first major city center retail development to go ahead since the downturn. The delivery of this store will result in a small increase to the total development cost and the estimated rental value of the Trinity Leeds scheme.

Source: Land Securities

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