In brief: £60m refurbishment of Meadowhall completes

In brief: £60m refurbishment of Meadowhall completes

This week marks the end of the £60 million refurbishment of Sheffield’s Meadowhall shopping destination, co-owner British Land says.

It marks the end of a two-year programme, during which £40 million was invested in store upgrades by more than 70 brands.

This combined investment of £100 million has already made a positive impact on performance, with footfall on Black Friday up 8% – the busiest on record.

The prime Zone A rental tone has risen to over £400, reflecting very strong demand for space with 30 new retailers signing in the last 18 months.