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Stock impact report

Shopping centre to go on market for £10m [Yahoo! Finance]

TJX Companies, Inc. (The) (TJX) 
Last tjx companies, inc. (the) earnings: 2/26 08:00 am Check Earnings Report
US:NYSE Investor Relations: investor.tjx.com
Company Research Source: Yahoo! Finance
The Buttermarket in Ipswich town centre opened in 1992 and is currently home to shops such as TK Maxx, New Look, Grape Tree as well as the Omniplex cinema, bowling and gaming centre, and restaurants. According to the centre, its footfall was up by 1.3% in 2025 with several of the tenants re-signing leases. Centre manager, Rebecca Bird, believed the sale represented a "massive new opportunity" for future owners. The centre was sold in 2015 for £9.2m to Drum Property Group. Two years later it was sold to the current owner National Grid Pension Fund for £54.7m following a revamp of the centre. "This is a really positive thing for Ipswich and represents a massive new opportunity for new owners," she explained. "There's so much untapped potential in the Buttermarket, and with the right vision and ambition, the new owners can take what's been started here to its full potential." Bird added that the £10m figure was a "representation of changes in climate". "It reflects retai Show less Read more
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