Jaeger employees to be made redundant
Just over 230 Jaeger employees will be made redundant following M&S’s acquisition of the brand, according to media reports.
Bruntwood Works and Trafford Council reveal new Stretford masterplan
Bruntwood Works and Trafford Council have revealed plans to transform Stretford Mall and town centre.
Landsec completes over 48,000 sq ft of lettings across outlet malls
Landsec has completed over 48,000 sq ft of lettings across its outlet malls in the last ten months.
Hammerson finance chief quits
Hammerson’s chief financial officer James Lenton is to step down from the retail property group.
Mayfair Capital charitable fund acquires urban supermarket
Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired a supermarket in north London for £12.7m, reflecting a net initial yield of 3.54%.
Legal & General ups fund investment portfolio to £1.8bn
Legal & General, on behalf of its Limited Price Inflation Fund (LPI), has expanded its investment portfolio to £1.8bn following a slew of deals.
LondonMetric collects 98% of December rent
LondonMetric has collected 98% of December quarterly rent of the £22.8m due.
Demand for retail set to hold firm despite Covid challenges
Acuitus chairman says that retail will remain popular, making fundamental understanding of asset class critical.
Landlords suffered a £4.2bn rent shortfall last year
Property owners suffered a £4.2bn shortfall in rental income last year, according to the latest research from Remit Consulting.
Debenhams to close six stores including London flagship
Debenhams’ flagship store on Oxford Street is one of six stores that will not reopen after lockdown lifts.
