Retailer M&Co to close all 170 stores
Troubled clothing retailer M&Co will close all its 170 stores by April after administrator Teneo Financial Advisory failed to find a buyer for its physical assets.
Manière de Voir signs for flagship physical London store
Online fashion retailer Manière de Voir has taken space at Hines’ Oxbourne House development above Bond Street station in London for its first physical store worldwide.
JD Sports to open 1,750 new stores in £3bn growth plans
UK-based JD Sports is to spend around £3bn opening up to 1,750 new stores over the next five years, the firm’s new chief executive Régis Schultz has announced.
Prime rental growth accelerates across Europe
Prime rental growth across Europe has accelerated as demand for the best-in-class space holds firm, according to Cushman & Wakefield’s latest DNA of Real Estate research report.
Flexible salon space firm retains Colliers for 50 UK location roll out
Flexible salon space operator, Phenix Salon Suites, has retained Colliers to find 50 UK sites by 2030 as the US-based firm expands in the UK, western Europe and Canada.
NAV at UK Commercial Property REIT slumps 21.5%
UK Commercial Property REIT has revealed a sharp fall in net asset value (NAV) during the final three months of 2022.
Shop vacancy rates falling but BRC warns on rate rise
Shop vacancy rates fell to 13.9% in the third quarter of 2022, 0.1 percentage points better than Q2 and 0.6 percentage points better than the same period last year.
SRE acquires 55,000 sq ft Aberdeen office investment
Standard Real Estate (SRE) has acquired Caledonian House, a 55,000 sq ft office building in Aberdeen, for an undisclosed sum.
Shaftesbury enjoys strong festive period as it awaits CMA decision on Capco merger
Shaftesbury has told investors it enjoyed “buoyant trading” during the festive period ahead of its proposed merger with Capital & Counties (Capco).
TK Maxx signs leases for two new stores in Watford and Workington
Discount fashion and lifestyle retailer TK Maxx has announced it is opening stores in Watford and Workington this summer.
