Shopping Centres

Frasers owner makes £50m bid for Leeds shopping centre

Junction 32 was put up for sale over the winter as, according to Landsec CEO Mark Allan, the property does not have a ‘sustainable competitive advantage’

Mike Ashley, the owner of Frasers Group, has bid almost £50m to acquire Junction 32 off the M62 near Castleford, on the outskirts of Leeds, in his latest foray into the world of retail property, The Times has reported. 

Check out our free weekly podcast

Back to top button