Yorkshire developer eyes up future expansion
Property developer Town Centre Securities is keen to expand its operations in Leeds following a strong showing from its Merrion shopping centre and its other developments in the city.
The Leeds-based firm announced a 27 per cent rise in half year pre-tax profits to £12.4m. Its total portfolio value increased by 2.4 per cent in the six months to December 31.
Edward Ziff, chairman and chief executive, said: "We are delighted with the Merrion Centre. Retail-wise it's trading strongly. We've seen good demand and occupancy is high.
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