The Croydon Partnership, a joint venture struck in 2013 by institutional landlord giants Westfield and Hammerson, has walked away from the £1.4bn planned regeneration of the Centrale & Whitgift Centre after the best part of a decade’s planning.
In a statement, the partnership said that the ongoing coronavirus crisis had only exacerbated existing issues with both the site and with retail in general. However, the two landlords said they would continue to work with Croydon council on new plans to regenerate the town centre.
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