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Gateshead's Metrocentre Sees Strong Leasing After £70 Million Investment Commitment

Asset Manager Says Mega-Mall Is Benefitting From Range of Upgrades
Frasers has recently taken over the Debenhams. (Metrocentre Partnership)
Frasers has recently taken over the Debenhams. (Metrocentre Partnership)
CoStar News
December 4, 2023 | 2:45 P.M.

The asset manager of Gateshead's Metrocentre, one of the UK's largest shopping centres, says an ongoing £70 million investment programme has driven strong leasing and footfall and, in turn, robust dividend payouts to the bondholders that own it.

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