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Retail Property News

All the news from the retail property market. Retail development, retail property, shops, stores, superstores, retail parks, retailers and shopping centres.

Sovereign Centre

Three sign at Sovereign centre

22 February 2017

Landlord Vixcroft has signed up JD Sports, Yours and Socialites for new stores at The Sovereign Shopping Centre in Weston-Super-Mare.

Festival Place Next

New anchor bolsters Festival Place in Basingstoke

22 February 2017

Festival Place Basingstoke has boosted its retail offer with a new Next anchor store and the signing of sporty footwear brand Skechers.

Clarks store

Clarks to ‘modernise’ portfolio

21 February 2017

Shoe retailer Clarks has appointed agents at Harper Dennis Hobbs to conduct a review and modernisation of its property portfolio.

Chinatown Shaftesbury

Shaftesbury agrees five new restaurant lettings in Chinatown

21 February 2017

Shaftesbury has announced five new restaurants in London’s Chinatown, letting a total of 14,000 sq ft of space.

East Kilbride shopping centre2

River Island agrees new letting at East Kilbride Shopping Centre

21 February 2017

Retailer River Island has announced a new letting and re-gear with Orion Investment Managers at East Kilbride Shopping Centre.

David Atkins of Hammerson

Hammerson NAV and profit rises in 2016

20 February 2017

Hammerson produced a 4.1% rise in net asset value per share during 2016 as well as an 8.8% rise in net rental income.

Shoppers

CapReg sells Ipswich mall for £54.7m

20 February 2017

Capital & Regional has sold the Buttermarket Centre in Ipswich to the National Grid Pension Fund for £54.7m.

Lexicon Bracknell

Triple new signing at Lexicon Bracknell

20 February 2017

Bracknell Regeneration Partnership has secured high-end jewellery retailer Pandora, beauty brand KIKO Milano and fashion retailer New Look to its £240m Lexicon Bracknell scheme due to open in September.

Budgens

Savills appointed on The Food Retailer administration

20 February 2017

The administrators of Hilco Capital-backed firm The Food Retailer have appointed Savills to help dispose of 34 Budgens-branded stores.

Jessop House PITCH

PITCH shops in Nottingham and Cheltenham

16 February 2017

The Property Income Trust for Charities (PITCH), managed by Mayfair Capital Investment Management, has bought an office building and a retail park for a total of £39m.

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Interserve shopping centre

Time to breathe new life into our failing shopping centres

The effect of the permitted development rights (PDR) regime has been remarkable in giving many obsolete office buildings a new lease of life - usually as residential developments.

Shoppers on high street

Mixed-use spaces are essential for Britain’s high streets

Graham Ruddick is exactly right when he suggests that 2017 could be the “most seismic year ever in store for the high street” and an alternative vision may be needed as consumers ...

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