All articles by Jessica Newman – Page 15
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Online
EG Group eats up Leon
The Issa brothers’ EG Group has acquired restaurant chain Leon for around £100m.
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Online
British Land & Aviva secure Peloton and lululemon at Bath SouthGate
British Land and Aviva Investors have secured global fitness platform Peloton and fitness wear brand lululemon at SouthGate, Bath’s open air shopping centre.
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Online
Armani makes regional debut at Landsec’s Braintree Village
Landsec has announced that Italian luxury fashion brand Armani has opened its first-ever outlet in Essex at Braintree Village.
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Online
LondonMetric collects 98% of March quarter rent
LondonMetric Property has collected 98% of rents owed for the March quarter.
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Online
SEGRO bolsters Thames Valley property team
SEGRO has expanded its property team in the Thames Valley with the appointment of Jo Jackson as director.
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News
Retail must reinvent itself
After three months imprisoned within the same four walls, people in England were finally (partially) let loose from lockdown this week.
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News
Office rent collection strong but retail lags
Offices account for lion’s share of March quarter rents paid to major landlords.
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Online
Reditum Capital provides $11m preferred equity facility to Cornerstone Asset Services
Specialist real estate finance firm Reditum Capital has agreed an $11m (£7.9m) preferred equity facility with Cornerstone Asset Services, a property management company based in Orlando, for the development and operation of 492 affordable rental units in Kissimmee, Florida.
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Online
Dunmoore sells Ashford Trade Park to Sevenoaks District Council
Investment and development company Dunmoore has sold Hilton Road Trade Park, in Ashford, for £3.8m to Sevenoaks District Council.
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Online
The Character Group snaps up Middleton industrial complex
The CharacterGroup has acquired a 158,000 sq ft warehouse and office facility in Middleton, Property Week can reveal.
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News
Spirits rise as retail reopens
Retail and hospitality landlords were upbeat this week as stores reopened across the country – but warned there was a long way to go before the market recovered from the devastating impact of Covid.
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Insight
View from the top: Susie McCabe, co-chief executive of McArthurGlen
The co-chief executive of McArthurGlen tells Property Week why the company thinks now is the right time to launch a new outlet centre and how confident she is about the future of bricks-and-mortar retail.
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Footfall up almost threefold on retail reopening day
Footfall was up 298.7% on Tuesday as non-essential retail reopened in England, compared with the same day last week, Property Week can reveal.
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Online
No Chaos and Scum launch Covent Garden flagships
Independent skate shop No Chaos and cult brand Scum have launched flagship stores in Covent Garden.
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Goldman Sachs eyes Birmingham for regional hub
US banking giant Goldman Sachs is planning to open an office in Birmingham – its first office outside of London.
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Online
Time Equities and Greenridge snaps up Bolton Shopping Park
Time Equities and Greenridge Investment Management have acquired Bolton Shopping Park from M G Real Estate for £15.2m.
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Online
GCW retained by Wasabi ahead of expansion drive
Japanese restaurant chain Wasabi has retained GCW for all agency matters including lease consultancy, portfolio strategy and exploring expansion opportunities , Property Week can reveal.
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Online
Next takes 50,000 sq ft at ASI’s Parkway Shopping
Next is to open a new 50,000 sq ft store in Aberdeen Standard Investments’ Parkway in Newbury.
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Online
Retirement Villages Group unveils £2bn development programme
Retirement Villages Group (RVG) has announced a £2bn investment boost to drive forward its latest sites West Byfleet and Chester and more than 40 other new sites across the UK.
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Online
Brewdog reveals plans for beer-themed Edinburgh hotel
Pub chain Brewdog has announced plans for a beer-themed hotel in Edinburgh’s Old Town.