All Retail articles
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OnlineMay UK commercial property deals more than double year on year
Around £2.6bn of investment was pumped into the UK commercial property market in May, more than double the amount transacted in the same month last year.
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Online
CBRE sells Glasgow office building in off-market deal
CBRE has sold a Glasgow office building for Patrizia for more than £5.5m.
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Online
West End trade body calls for action on ‘overlooked’ areas
A trade body representing hundreds of businesses and landlords in London’s West End has called for urgent action to revive “overlooked” areas of the district such as Charing Cross Road and St Martin’s Lane.
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Insight
Bringing some sunshine into retail
A Pharmacy2U vaccination centre popped up last week in a former Laura Ashley store in the Fremlin Walk shopping centre in Maidstone. The signage is pop-up, not permanent. But some feel an injection of outpatient treatment centres into shopping centres could inoculate some stores against death by Amazon.
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Insight
Why all of London’s West End needs ‘levelling up’
‘Levelling up’ is a term used a lot by government to address disparities between north and south, but there is a danger central London will also become uneven in its prosperity as we climb off the floor after Covid-19.
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Online
Radical plans unveiled to transform Oxford Circus
Plans have been unveiled to transform Oxford Circus into two pedestrian-friendly piazzas.
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Online
The government’s Pushmi-Pullyu strategy suggests Dr Doolittle is really in charge
There is an underbelly of inequality in the hospitality sector that is causing incredibly turbulent times. Almost every proclamation from the government swings operators and even entire sectors from the haves to the have nots.
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News
Edinburgh’s St James Quarter adds fashion and cosmetic tenants
Nuveen’s St James Quarter, the 1.7m sq ft city-centre development in Edinburgh, has added a flurry of fashion, jewellery and cosmetics brands as it prepares to open to visitors this month.
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News
Savills to offload £25m Burnley retail portfolio
Savills has been appointed to sell Charter Walk and Curzon Square, two retail sites in Burnley town centre for £25.6m, which would reflect a net initial yield of 11%.
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Online
The Crown Estate signs deals with two new brands
The Crown Estate has signed deals with African fusion restaurant PAPA L’s KITCHEN and coffee house The Gentlemen Baristas at its St James’s portfolio.
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Online
Knight Frank shopping centre veteran poached by Green & Partners
Green Partners has expanded its agency team by hiring Rowen Grandison.
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Online
Clothing rental pop-up opens up in Carnaby
Shaftesbury has signed premium womenswear rental pop-up Rotaro at 45 Carnaby Street.
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Online
PE group looks to sell off Wickes portfolio
Private equity investor Investra Capital is offloading a portfolio of five Wickes DIY stores, Property Week can reveal.
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Insight
Landlords, beware the cross-class cram down
The Virgin Active Restructuring Plan was put to the test at the hearing before the High court which, to the collective dismay of UK landlords, saw the plan and “cross-class cram down” sanctioned.
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News
BPF: ‘fears of mass evictions when moratorium ends are unfounded’
The BPF is seeking to allay fears that a wave of businesses will be evicted or face legal action when the moratorium on commercial evictions is lifted at the end of this month.
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Online
Savills to market Erith shopping centre
Savills has been mandated to sell Erith Riverside Shopping Centre in south east London with a price tag of £18m.
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Online
LCP snaps up Leeds asset in retail parade acquisition drive
Commercial property and investment company LCP has snapped up a local retail centre in Leeds, West Yorkshire.
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Professional
Landlords and tenants urged to focus on transparent dialogue
Following recent rulings in favour of tenants, experts advise landlords to be more flexible in their negotiations.
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Insight
Quadrant Repurpose co-founders discuss progress and future plans
Just after Quadrant Repurpose launched in early 2020, the pandemic hit. Its founders tell Property Week why they decided to broaden their horizons beyond distressed department store assets.
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News
Chains suffer more than independents as pub numbers sink
The pub industry suffered a wave of closures in the year to March – with chain pubs affected more than independents, according to new figures from the Local Data Company (LDC).
