A Yorkshire property entrepreneur has struck a £4.47m finance deal to pave the way for the purchase of a Hull shopping centre.
Zahid Iqbal, who runs Z&F Properties, is using the multimillion-pound facility provided by Reward Finance Group to buy the 5.1 acre Prospect Shopping Centre in Hull city centre. Mr Iqbal, who also owns The Ridings Shopping Centre in Wakefield, Packhorse Shopping Centre in Huddersfield and Batley Plaza, is planning to reinvigorate the retail site, which has high street tenants including Greggs and Specsavers and attracts around six million shoppers each year.
The deal is one of the highest single lends…
