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News Release

London

Jones Lang LaSalle comments as Government Minister Grant Shapps announces second wave of “Portas Pilots”


London, 25th July 2012 – Commenting on local government minister, Grant Shapps announcement that another 15 town centres will be entitled to a share of £1.5m in funding for town centre improvements, Guy Grainger, head of Retail at Jones Lang LaSalle, said: “"Whilst the sum of money for each location is not going to be life-changing this announcement is positive as it recognises the need to invest in creative solutions for our town centres that are being threatened by the structural changes in retail.”

The 15 new areas to be provided with financial and advisory support are: Ashford, Berwick, Braintree, Brighton, Hatfield, Leamington, Liverpool, Waterloo in the London Borough of Lambeth, Forest Hill in the London Borough of Lewisham, Chrisp Street in the London Borough of Tower Hamlets, Loughborough, Lowestoft, Morecambe, Rotherham, and Tiverton.​