Submitting.
Reports from business insiders suggest that St George s Shopping Centre in Preston has fallen into administration
It has confirmed that among the firm s portfolio of assets is St George s Shopping Centre, which will continue to be operated by management firm Sovereign Centros in the role of Asset Managers during the administration process.
Alex Williams (Joint Administrator) told the Post: The administration of the Partnership and the Companies will have no operational impact on St Georges Shopping Centre which continues to trade in compliance with Government Covid regulations on a business as usual basis. The Property Managers (Munroe K) and Asset Managers (Sovereign Centros) of the shopping centre remain in place fulfilling their existing roles.