Property News - Swansea sale agreed

Retail landlord Capital & Regional has agreed to pay Swansea City Council£24 million to buy the 30-acre Morfa site. It has consent for 320,000 sq ft (29,730 sq m) of retail and 30,000 sq ft (2,790 sq m) of leisure. Prelets of nearly 200,000 sq ft (18,580 sq m) have been secured.