Prime logistics take-up soars to second-highest-ever level
Prime logistics warehouses posted the second-strongest occupier take-up figures ever in 2018, according to Gerald Eve data shared exclusively with Property Week.
Patisserie Holdings’ Baker & Spice business sold to independent chain
The administrators of Patisserie Holdings, the parent company of Patisserie Valerie, have sold its Baker & Spice coffee shop business to independent operator Department of Coffee and Social Affairs.
Unibail-Rodamco-Westfield issues weaker than expected profit guidance
Unibail-Rodamco-Westfield has issued lower than expected profit guidance as its acquisition of Westfield fails to live up to expectations.
Patisserie Valerie saved by Irish private equity firm
Patisserie Valerie has been bought out of administration by Irish private equity firm Causeway Capital Partners.
UK Commercial Property REIT looks to alternative investments as retail hits its portfolio value
UK Commercial Property REIT is seeking an amendment to its investment policy to allow it to move into alternative sectors including healthcare, student housing and leisure.
LXi forward funds Starbucks and Costa drive-thrus
LXi REIT has agreed to provide forward funding for the pre-let development of a portfolio of 13 separate Starbucks and Costa drive-thru format coffee shops across the UK
UKCM secures let with Home Bargains in Leicester
UK Commercial Property REIT Limited (UKCM) has let a 25,882 sq ft retail unit at St George’s Retail Park in Leicester to Home Bargains.
Tesco joins with Weston to develop 1,400 homes in northeast London
Tesco has joined forces with Weston Home to develop a mixed-use scheme on the site of one of the supermarket’s store in northeast London, which will include 1,400 homes.
Shaftesbury signs up string of international retailers
Shaftesbury has announced new lettings to Columbia Sportswear, IZIPIZI, Subdued and OUR LEGACY in Carnaby, Soho.
Debenhams secures £40m lifeline
Beleaguered department store chain Debenhams has secured a cash injection of £40m that will give it more time to execute its turnaround plan.
