A chunk of central Whanganui real estate has been sold to "a major player" with tenants set to fill some currently empty premises.
Whanganui & Partners strategic lead business Rhonda Morris says details of the real estate deals are still confidential but will mean employment opportunities for local people.
Mrs Morris said the number of empty shops in the central city "isn't as dire as you first think".
"Several empty shops have been sold in the last seven weeks, including in Ridgway St, and there's interest from out of town to purchase more shops," Mrs Morris said.
"Some of those purchased are just waiting on tradies to have capacity to get into action. I expect it to get real traction around February next year."