All Property Week articles in 16 November 2018 – Page 6
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Online
Four House of Fraser stores to close in 2019 after failed rent discussions
House of Fraser is to close another four branches next year as a result of a rent dispute.
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Online
Shaftesbury’s Seven Dials warehouse to become food market
A former warehouse at the heart of Seven Dials in Covent Garden is to become a food market after owner Shaftesbury let the space to street food membership organisation KERB
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Online
Ikea to invest €5.8bn into real estate
Ikea is set to invest €5.8bn (£5bn) into real estate over the next three years, with a focus on retail developments.
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Professional
Budget measures fall well short of the real reforms businesses need
With the dust settling on the Budget, we can reflect on the chancellor’s business rates announcements. I found it surprising to hear the warm plaudits the chancellor received, given how very little he delivered.
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Professional
Enforcement notices are necessary but should be applied with care
What started with an alleged clerical error of misplaced documents by Islington Council has now snowballed into a full-blown demolition order of architect Amin Taha’s £4.65m offices and family home.
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Professional
People Moves: Cushman & Wakefield, KLM Retail, MEA and more
All the latest moves, appointments and promotions from across the property sector.
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Online
M&G Real Estate buys One Southwark Bridge for £115m as WPP signs 20-year lease
M G Real Estate has bought One Southwark Bridge, the HQ of the Financial Times, from Pearson for £115m
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Online
Deloitte Digital lets half of Athene Place
Henderson Park and Endurance Land have pre-let half of Athene Place back to Deloitte after the business vacated the Midtown building in June.
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Insight
Rapid change calls for greater innovation
As everything in life continues to speed up, there is more and more demand from online customers to receive goods faster.
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Insight
Last mile is not the last word in multi-let
SMEs are the lifeblood of the economy, employing 60% of all private sector workers and turning over £1.8trn a year – and they are on the up.
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Insight
Making mixed-use work
There is a lot of material out there about mixing industrial uses with residential.
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Online
Completed office space in London hits 14-year high
Completed London office space hit its highest level since 2004 between April and September this year in a period which also saw new construction starts rise by almost a quarter on the previous six months.
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News
The world’s most expensive retail street is no longer in USA
Hong Kong’s Causeway Bay has been named the most expensive retail street in world, knocking New York’s Upper Fifth Avenue off the top spot for the first time in five years.
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Markets
The big deal about portfolios
Large portfolio deals have dominated the industrial investment market this year, as institutions and private equity players with big money to invest rush to grab a slice of the booming sector.
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Insight
Physical stores still have a role to play in retail
Revo’s latest report, Tomorrow’s World: Retail on the Line , and headlines such as ‘TK Maxx moves to Oxford Street’ corroborate our view that, although the nature of retailing and the use of physical space as part of a retailer’s business model are undoubtedly changing, shops are still critical to ...
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Insight
High street retailers can benefit from ‘bricks to clicks’
Amazon’s ‘try before you buy’ fashion service, which launched in the form of a central London pop-up shop on Baker Street last month, is further proof that this retailer is increasingly aware of what it’s missing out on by not having a physical presence on the UK’s high street.
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Online
PGIM picks up Carrefour's massive Provence logistics platform
PGIM Real Estate has acquired a 1.1m sq ft logistics scheme in Salon-de-Provence, north of Marseille.
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Markets
Would no deal be such a bad deal?
The prospect of a no-deal or hard Brexit has prompted companies to start stockpiling goods. Will it lead to increased demand for space?
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Markets
Hybrid industrial parks: the importance of kerb appeal
Modern industrial space is following the trend of offices to offer occupiers more than just a building. Gavriel Hollander reports on the rise of the hybrid industrial park
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Markets
Panattoni motors on M1
The developer is confident of attracting tenants for three spec units and two build-to-suit opportunities at its new Northampton scheme just off the M1.