All Grocery Retail articles – Page 7
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Insight
Bargain Hunter: Praxis' Gary Roberts interview
Praxis is building a shopping centre portfolio at a time when most investors are giving the sector a wide berth. Managing director Gary Roberts tells Richard Williams why
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Online
TH Real Estate takes Lidl-let Oosterhout warehouse
TH Real Estate has acquired a 367,000 sq ft cross-dock logistics hub in the Netherlands from ODC CV for its €2.6bn European logistics platform.
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Insight
Will Black Friday 2018 prove to be UK retail’s darkest day?
Is Black Friday more damaging to the UK retail sector than Brexit and the rise of online combined?
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Insight
Black Friday: shops and ecommerce must be able to exist side by side
Black Friday today will inevitably provoke further debate over the future of online shopping versus bricks-and-mortar sales in shopping centres and on the high street.
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News
Barking battle won: City selected ahead of Amazon
The City of London Corporation has been chosen ahead of Amazon to buy power station site in east London for around £125m.
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Online
Co-op eyes London growth with multiple new stores
The Co-operative Group has announced plans to invest close to £10m in a rollout of 12 new grocery retail stores across London before the end of the year.
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Online
AEW makes £15m converted amusement park and industrial double buy
AEW UK Core Property Fund has acquired The Kursaal in Southend-on-Sea and Grazebrook Industrial Park in Dudley for a combined £14.9m.
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Online
Co-op to invest £50m in social housing
The Co-op’s pension fund will invest up to £50m in to the social housing market over the next year and has appointed PGIM Real Estate to manage the portfolio.
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Markets
Scannell scales up: Amaury Gariel interview
US developer Scannell Properties plans to expand into Europe by building industrial units mainly aimed at the food distribution sector, which it believes is ripe for growth.
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Online
Tesco Pension Fund takes 10 industrial estates
Tesco’s pension fund has acquired 10 industrial estates with a combined value of £34m for its multi-let industrial-focused portfolio.
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Online
Court of Appeal overturns ATM business rates ruling
The Court of Appeal has ruled that ATMs located both inside and outside of stores should not be assessed for additional business rates to halt the Valuation Office Agency’s (VOA) proposal to introduce additional rates on all machines.
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Online
Co-op comes to Symmetry Park Biggleswade for new regional distribution centre
The Co-op has let space at db symmetry’s Symmetry Park Biggleswade to house a new 661,000 sq ft regional distribution centre.
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Online
Amazon appoints agents to seek sites to hit Go on grocery retail drive
Amazon has hired agents to search for up to 200 sites to launch its grocery retail concept Amazon Go in the UK.
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Markets
Blot on Porthcawl's landscape could soon be replaced with new scheme
A semi-derelict seafront site looks set to get a new lease of life thanks to Bridgend council
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Online
Health Board takes over Tesco House in record Cardiff office deal
Oval Real Estate has sold the 85,000 sq ft former Tesco House office building to Cardiff and Vale University Local Health Board in the biggest single occupier deal in the region this year.
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Professional
Online sales tax could be a lose-lose for all retailers
The call by Tesco chief executive Dave Lewis for the Chancellor to introduce a 2% levy on goods sold via the internet illustrates the anguish experienced by many high street retailers operating from physical stores.
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News
Savills IM and EPISO 3 let unit at Newport retail park to Iceland
Savills IM and Tristan Capital’s fund EPISO 3 have secured a letting to Iceland at their retail park in Newport, Wales.
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Online
Tesco continues store buyback with £92m acquisitions
Tesco has continued its programme of buying back stores with the purchase of its Cirencester Extra for £57m and its Stroud superstore for £35m, it said in half-year results this morning.
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Online
Aldi signs with Palace Capital and unveils expansion plans
Palace Capital has signed a new 20 year lease with Aldi on the same day the German discount supermarket chain announced plans to open 130 new stores in the UK over the next two years.
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News
LondonMetric conversion: Andrew Jones interview
Having sold its retail assets and moved into logistics, the company’s chief executive Andrew Jones reveals to Simon Creasey what it plans to do next.