Marks & Spencer and Ocado are set to sign a £900m deal giving M&S a food delivery service for the first time.
Ocado has launched a requirement for a new distribution centre following the fire at its Andover scheme on Tuesday, Property Week can reveal.
Supermarket Income REIT’s portfolio has grown to £320.6m thanks to continued capital growth and the acquisition of a store in Sheffield last year.
Discount grocer Lidl has pre-let a food store at a former Sainsbury’s-owned site in Nottingham where developer Simons Developments plans a £60m mixed-use scheme.
The admission this week by Marks & Spencer’s bosses that there will be further store closures, on top of the 100 M&S stores already planned to face the axe by 2022, comes as no surprise.