19th Jan 2016 08:51
LONDON (Alliance News) - LXB Retail Properties PLC on Tuesday said it has exchanged contracts with retailer Pep & Co for a 10,000 square foot unit at Neatscourt Retail Park on the Isle of Sheppey, off the north coast of Kent.
Pep & Co is backed by South African retailer Pepkor and has recently entered the UK market, having acquired around 50 stores across the country in the last year.
The letting is set to be completed in the first quarter of 2016.
LXB shares were up 0.3% to 96.5 pence Tuesday.
By Sam Unsted; [email protected]; @SamUAtAlliance
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