Retail landlord Hammerson has submitted a planning application to turn a former Debenhams department store in Leicester into 300 home for rent, in a project the firm said reflected a “structural shift” in UK high streets.

Hammerson is working with private rented landlord Packaged Living on the deal, which will see 300 homes designed by architect CRTKL built on the site at the Highcross shopping centre in the city.

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