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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.

Letnany

CBRE GI buys Prague shopping centre from Tesco

17 January 2017

CBRE Global Investors has acquired Tesco’s Letnany Shopping Centre in Prague on behalf of an international client.

Burlington Arcade

Burlington Arcade put on the block

16 January 2017

Thor Equities and Meyer Bergman have announced plans to sell the Burlington Arcade in Mayfair for a reported £400m.

Eastbourne Arndale Extension

LGIM secures backing for £220m Eastbourne scheme

16 January 2017

Legal & General Investment Management Real Assets (LGIM Real Assets) has joined forces with an unidentified international investor to help fund its £220m retail and leisure scheme in Eastbourne.

John Lewis, Worcester Woods

Land Securities raises white flag in Worcester retail battle

13 January 2017

Land Securities is considering an alternative scheme in Worcester after conceding defeat in its efforts to develop a £150m retail park anchored by John Lewis on the outskirts of the town.

Weardale House HMRC

Central Newcastle office take-up closes in on out-of-town levels

13 January 2017

For the first time in recent years, take-up of office space in Newcastle city centre almost equalled take-up on out-of-town developments, according to a consortium of North East-based chartered surveyors.

Department of Coffee and Social Affairs

Coffee chain to hit Bristol

13 January 2017

Trendy London coffee chain Department of Coffee and Social Affairs has snapped up a store in Bristol’s Cabot Circus for its first unit outside the capital.

Next superstore

Next bags former BHS store in Burton mall

13 January 2017

The bulk of the former BHS store in Burton upon Trent has been scooped up by its former competitor, Next.

Out of town retail

Brighton best spot for out-of-town retail development

12 January 2017

Brighton offers the greatest potential in the UK for new out-of-town (OOT) retail development, research from Savills has revealed.

Leake Street Arches retail scheme, Waterloo station

Three flagship tenants take units at Waterloo scheme

12 January 2017

London and Continental Railways (LCR) has signed up three flagship tenants to its Leake Street Arches retail scheme below Waterloo station.

Hanover retail

New retail division for Hanover Green

12 January 2017

Independent property consultancy Hanover Green has hired two retail agents for a new division of their London office.

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