Mike Ashley’s Sports Direct has agreed a deal to sell its headquarters and distribution centre for £120m in a sale-and-leaseback deal.
Schroder UK Real Estate Fund (SREF) has signed three lettings at its retail park in Chelmsford, paving the way for a redevelopment of the site.
British Land has posted a sharp drop in net asset value (NAV) after becoming the latest property group to cite retail woes as a drag on progress.
Danske Bank’s Northern Bank Pension Trust has sold a Waitrose in Newton Mearns, Glasgow for £12.1m to a UK investor.
Investment bank JP Morgan has downgraded Intu Properties in a critical note on the UK’s largest shopping centre landlord.
Legal dispute over the old Toys ‘R’ Us portfolio has been settled, allowing sale of 24 stores.
It’s hard to avoid headlines decrying the death of the high street. It’s true that sales from shops are declining, but cursing the growth of online for killing the retail store is missing the point.
HB Reavis has submitted plans for its Elizabeth House redevelopment to Lambeth Council.
Fashion chain Select has fallen into administration, putting its 169 stores across the UK at risk.
Mixed-use property was bought from Aberdeen Standard Investments for the Europe City Retail Fund