All articles by Laura Chesters – Page 2
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Online
BCSC 2010: UK only G8 country to have old style lease structure
“The UK is the only G8 country still to operate with our lease structure,” Lawrence Hutchings, managing director UK retail at Hammerson, said at the BCSC conference today.
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BCSC 2010: John Lewis at home to open in Exeter and Chester
John Lewis revealed today at BCSC retail conference in Manchester that it will open a further two ‘at home’ shops in 2011.
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BCSC 2010: Retailers and landlords are foe masquerading as friends
Terry Hartwell, group property director at supermarket chain WM Morrison, spoke out at BCSC conference about the relationship between landlord and retailers.
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BCSC 2010: The Co-operative gears up expansion plan
The Co-operative Food, the supermarket chain, is to double the size of its acquisitions teams as part of its store expansion plan.
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OnlineBCSC 2010: Former Leslie Furness pair team up for new firm
Well-known retail property agents Tim Hance and Jamie Ludlow have formed retail agency practice Prime Retail, reuniting the pair who formerly worked together at Leslie Furness Company.
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REO confident of restructure
Real Estate Opportunities (REO) said today it was confident it would get both NAMA’s approval for its business plan and a deal with an equity partner for the financing of its Battersea Power Station scheme.
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OnlineOne New Change welcomed by half term shoppers
Land Securities yesterday opened One New Change – its City shopping and office complex in London.
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Full consent for £4.5bn Cricklewood scheme
Barnet Council this week granted full consent for the £4.5bn Town Centre scheme in Brent Cross in Cricklewood, north London.
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Maybourne Hotel Group in talks to sell £200m stake
Maybourne Hotel Group, which owns Claridges, the Berkeley and the Connaught Hotel, is now in exclusive talks with private equity investor Northwood Investors to sell a £200m stake in the company.
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OnlineChristmas pops up at Trafford Centre
Three Christmas pop up shops have opened at Trafford Centre in Manchester this season.
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NewsPradera primed for retail park fund
Pradera UK is to launch a UK retail park-focused fund and plans to raise £250m in equity
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NewsHenderson in play for half of Westfield’s Stratford City
Westfield is in talks to sell a 50% stake in the £1.5bn Stratford City shopping centre close to the 2012 Olympics
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News
Targetfollow falls as High Court sends in administrators
Subsidiaries of private property company Targetfollow have been placed into administration after a High Court hearing this week
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OnlineWestfield Stratford City 75% let
Westfield London, Westfield ‘s London shopping centre in Shepherd’s Bush, is on track to achieve sales of more than £800m in its second year - up from over £700m in year one. Footfall is also growing at over 22% on last year.
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Online
New Centre Director appointed at thecentre:mk
Robert Hall is to join Milton Keynes shopping centre, the thecentre:mk, as centre director.
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Suits You in administration
Speciality Retail Group, the company behind 66-store menswear chain Suits You, has been bought by restructuring specialists GA Europe and put into administration.
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OnlineTargetfollow subsidiaries in administration
Subsidiaries of private property company Targetfollow has been placed into administration, a court heard this afternoon.
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Terrace Hill signs up Sainsbury's
Terrace Hill Group has signed a development agreement with Sainsbury’s for a supermarket in Whitchurch, Shropshire.
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Online
Area Property Partners in talks to buy Hermes stake in X Leisure
Bill Benjamin’s Area Property Partners is in talks to take Hermes Real Estate’s 30% shareholding in leisure park fund X Leisure.
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Westfield in talks to sell stake in Stratford mall
Westfield is in talks to sell a stake in its £1.5bn Stratford City shopping centre in east London.
