Birkenhead's Pyramids shopping centre says just 9% of its units are empty compared to 40% in 2011 when it was taken over by LaSalle Investment Management. Since taking control of the centre, LaSalle has invested £2m leading to the creation of 150 jobs.
It has attracted big-name retail brands ncluding TJ Hughes, H&M, Costa Coffee, Liverpool Football Club and Merseyside jewellery chain, Mococo. Bosses from LaSalle revealed the level of improvement during a visit to the the centre by Wirral West Conservative MP, Employment Miinister, and President of Wirral Chamber of Commerce, Esther McVey. MP
Andrew Bull, fund manager, and Ben Notley, associate asset manager, showed Ms McVey around the site, which welcomes close to 14m shoppers a year and employs around 1,200 people.
Ms McVey said: “As such a major employer in the town, it is uplifting to hear of the fantastic amount of money and expertise which has been pumped into the shopping centre. Pyramids Shopping Centre is at the heart of the Wirral and it is vital to people for jobs.”
Wirrasl Chamber of Commerce,CEO Paula Basnett added, "Birkenhead is one of the Chamber's priorities for 2015, and as such, to hear of such progress being made in one of the boroughs major retail areas shows that with hard work and committment to succeed positive change can be made. My congratulations goes to the owners of the Pyramids and we look forward to working with them throughout 2015."