One of the UK’s leading property developers and investment groups, Henry Boot, has announced that it has acquired two prime redevelopment opportunities in the heart of Leeds.
The 60,000 sq ft acquisition in Mabgate, Leeds will see the complete redevelopment of the buildings and will boost the Henry Boots’ urban development and residential capabilities.
Commenting on the acquisition, BD Managing Director, Ed Hutchinson, said: “The buildings have massive potential for urban development, which is a key focus for us. There is significant investment being channelled into Mabgate and we look forward to putting our own plans together to support the wider regeneration programme.”
The conveniently located buildings are expected to be of significant benefit to the redevelopment plans of Leeds with Leeds City Council identifying Mabgate as a key area of investment. The area is also only a short distance to the city’s transportation networks.