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All the news from the retail property market. Retail development, retail property, shops, stores, superstores, retail parks, retailers and shopping centres.
Retail News
DevSecs gets go-ahead for £150m Shepherd's Bush scheme
Development Securities has been given the green light for a £150m redevelopment around Shepherd’s Bush market.
UBS launches investment fund with £43m retail purchases
UBS Global Asset Management has launched a £200m investment fund, seeded by two retail properties.
British Land to sell 25% stake in Meadowhall shopping centre
British Land will put a 25% stake in the Meadowhall shopping centre in Sheffield up for sale alongside a 50% share currently being offered by London & Stamford and its Middle Eastern backers.
Juicy Couture takes Regent Street flagship store
US fashion retailer Juicy Couture has agreed to open a new flagship store on London’s Regent Street.
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Aviva and Coventry's £300m city centre plan revealed
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Podcast: Riot "Clean-Up" organiser on the UK's empty shops
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Pears and DevSecs win NAMA portfolio
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Shop vacancies stabilise at 14.3% but worse to come in 2012
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Network Rail unveils retail line up for King's Cross station
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One Hyde Park: £60m apartment sold and luxury retail on the market
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UK Commercial Property Trust to rebuild Shrewsbury shops
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MWB poaches De Vere finance director
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Government launches Portas Town Teams pilots
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Marks & Spencer store U-turn
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Princesse Tam Tam reveals rollout
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Portas goes to town with team pilots
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Helical hammers out asset angles
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Massimo Dutti fit for King’s Rd
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Glades extension provides locals with food for thought
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Prepacked Jane Norman joins Wolsey Place line-up
Video
MAPIC 2011: The MAPIC round-up with Peter Courtney
Retail expert Peter Courtney joins Property Week’s features editor Hardeep Sandher on the Croisette in Cannes to go over the major themes from this year’s MAPIC retail conference,
Analysis
Retail renaissance will begin when rents hit the shop floor
Early indications suggest an OK Christmas, as trading statements were not as bad as many had feared.
Clarke will need trademark charm to steer Tesco supertanker back on course
It wasn’t supposed to be like this. Philip Clarke’s appointment as chief executive of Tesco in June 2010 was widely seen as underpinning the supermarket’s international ambitions
Fire fighting will continue on high street during year of the dragon
The Chinese new year of the dragon began on 23 January. Dragon years are viewed as lucky, which indicates we could expect the economic downturn to ease up a bit over the next 12 months. And that is certainly good news for the retail sector, which is severely under pressure.
Portas’s retail vision relies on new fiscal models for success
As we step forward into the somewhat unknown territory of 2012, it would be all too easy to continue to paint a bleak and desolate landscape, as companies and even nations are defaulting on a daily basis.
Christmas Trading
Government launches Portas Town Teams pilots
Grant Shapps is expected to announce today that the government will launch a series of pilots to test Mary Portas’ Town Teams recommendation, as tipped by Property Week earlier this week.
Portas business rates remedy is too little too late
It is no secret that our high streets are suffering: landlords know it, retailers know it and, of course, Mary Portas knows it.
LandSecs in talks to sell Liverpool shopping centre
Land Securities is in talks to sell off the St John’s Shopping Centre in Liverpool city centre, TheBusinessDesk.com reported today.
Clintons pays monthly rents to half its landlords
Clinton Cards has revealed that half of its landlords have agreed to let it pay its rent on a monthly rather than quarterly basis.
MARY PORTAS REVIEW
Podcast: Riot "Clean-Up" organiser on the UK's empty shops
Self-proclaimed anarchist Dan Thomson, the man behind the Clean-Up campaign following London’s riots last summer, joins LBC’s James Max to discuss empty shops, social unrest and Mary Portas.
Government launches Portas Town Teams pilots
Grant Shapps is expected to announce today that the government will launch a series of pilots to test Mary Portas’ Town Teams recommendation, as tipped by Property Week earlier this week.
Portas business rates remedy is too little too late
It is no secret that our high streets are suffering: landlords know it, retailers know it and, of course, Mary Portas knows it.
Portas goes to town with team pilots
First of high street guru’s recommendations to be launched as early as next week
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Retail renaissance will begin when rents hit the shop floor
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Fire fighting will continue on high street during year of the dragon
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Portas ‘energises’ MPs to act on retail
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Portas encourages betting shop bill
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Portas’s retail vision relies on new fiscal models for success
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Designers at Debenhams hope to defy downturn
Data
Henderson: European Retail Warehousing - November 2011
During 2010 we wrote a “Think” report about European retail warehousing and asked, “will this rough diamond get its sparkle back?” In mid 2010 we had seen approximately twelve months of either stabilisation or recovery in prime property markets but the retail warehouse sector had largely been overlooked by investors.
DTZ: UK Update - November 2011
All Property monthly total return was once again broadly stable in October at 0.59%. Total return was mostly attributable to income return. Capital growth was effectively zero.
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10-11 Wild Rents, Bermondsey, SE1 4GQ (ref: 110)
10-11 Wild’s Rents offers a versatile business space within a period warehouse. Set in the heart of Bermondsey this first floor units offers a property of character only 1 km south of Tower Bridge.
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Hither Green, Lewisham, SE13 6QB (ref: 107)
Hither Green Studios comprises of three income producing connected buildings occupying the corner of the busy Hither Green Lane and Lanier Road. With it s main street location, surrounded by residential and retail properties, the site has wider development potential.
