Market Leads & Opportunities
New owner for St Tydfil Shopping Centre
A deal has been struck for St Tydfil Shopping Centre.Merthyr Tydfil County Borough Council has purchased the site from German property investment outfit Patrizia.The semi-covered operation contains more than 50 shops, including national retailers and independent businesses. It also has an upstairs indoor market with more than 30 stalls.Under a wider masterplan, the authority has set a strategy for the town centre to have high quality residential, office, leisure and retail, new plazas, green spaces and an active riverside by 2035.Lawyers from Hugh James Commercial Property were instructed by the council to provide support in relation to the property and employment aspects of the acquisition, led by partners Richard Macphail and Louise Price respectively.
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