Frasers owner makes £50m bid for Leeds shopping centre
Junction 32 was put up for sale over the winter as, according to Landsec CEO Mark Allan, the property does not have a ‘sustainable competitive advantage’
Mike Ashley, the owner of Frasers Group, has bid almost £50m to acquire Junction 32 off the M62 near Castleford, on the outskirts of Leeds, in his latest foray into the world of retail property, The Times has reported.