All Retail articles – Page 11
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News
Heritage body opposes demolition of flagship M&S store as inquiry closes
The public inquiry into the M&S Oxford Street scheme closed on Friday with SAVE Britain’s Heritage stating demolition of the flagship building could not be justified on either heritage or climate grounds.
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News
Wild Swans and Karaca sign up for Cain’s Islington Square
Cain International, a privately held investment firm, has agreed terms with Scandinavian women’s designer and homeware retailer Wild Swans and Turkish homeware retailer Karaca for its Islington Square development.
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Online
Mailbox REIT posts fall in NAV
Mailbox REIT has posted a fall in net asset value (NAV) for the third quarter to the end of September.
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Markets
Retail’s experiential revolution
Shopping centres are betting on leisure and F&B to boost footfall post-Covid. Claire Robson reports
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Online
Shaftesbury and Capco issue trading updates ahead of £3.5bn merger
Shaftesbury and Capital & Counties (Capco) have both released trading updates ahead of their £3.5bn merger.
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Online
LondonMetric completes £28m of sales
LondonMetric Property has sold two assets for £28.2m, reflecting a blended net initial yield (NIY) of 4.6%.
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Online
Ardent pays around £50m for retail element of Royal Exchange in City
The Ardent Companies UK has completed its acquisition of the retail element of The Royal Exchange in the City of London from Oxford Properties.
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News
The Portman Estate appoints Bruce Gillingham Pollard as advisers
The Portman Estate has appointed Bruce Gillingham Pollard to advise on its independent retail portfolio, Portman Marylebone.
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News
MSCI shows September property returns fell 2.3% year on year
UK monthly commercial real estate returns fell 2.3% year on year in September, as the value of properties dropped in every market sector, according to MSCI’s Monthly UK Commercial Real Estate Index for September.
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News
Heritage body urges refit not demolition of M&S Oxford Street flagship store
SAVE Britain’s Heritage is urging Marks & Spencer (M&S) to retrofit its Oxford Street building, as opposed to demolishing and rebuilding it, as part of its plans to redevelop the site.
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News
£5.5m Newcastle retail asset on offer at next Acuitus sale
The lot is one of seven listed with a guide price of more than £1m set to go under the hammer on 3 November
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Online
Property bosses welcome opening of Crossrail’s Bond Street station
The property world has welcomed the open of the Elizabeth Line’s Bond Street station today, claiming it will bring a boost to developers in that area of west London.
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News
Manchester Arndale lands raft of new tenants
The Manchester Arndale shopping centre has announced a slew of retailers signing for space.
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News
Custodian REIT flips Gosforth shopping centre
Custodian REIT has turned a £9.3m profit from the sale of a shopping centre in Gosforth, Newcastle upn Tyne, which it bought a year ago for an apportioned value of £8.975m as part of its £42m acquisition of DRUM Income Plus REIT.
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News
SSE and Oxford Properties plan UK-wide EV charging network
SSE Energy Solutions, part of the FTSE-100 energy group, has signed an electric vehicle (EV) charging partnership with real estate investor Oxford Properties (Oxford).
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News
Zara signs up for British Land’s Glasgow Fort
Property giant British Land has agreed terms with Spanish fashion brand Zara to take a 37,000 sq ft store across two floors at Glasgow Fort, its retail park in the Scottish city.
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News
Battersea Power Station opens to public
Grade II*-listed Battersea Power Station opened its doors to the public today, beginning a five-day ‘Festival of Power’ 39 years after it was decommissioned.
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News
The Range spends £200m on 1.2m sq ft Stowmarket warehouse site
Retail giant The Range is paying at least £200m to acquire the freehold of a 1.2m sq ft warehouse being developed at the Gateway 14 scheme in Stowmarket, owned by Mid Suffolk District Council.
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News
Sovereign spends £17.6m to develop Farnborough shopping centre site
Knight Frank Investment Management (KFIM), on behalf of Local Pensions Partnership Investments (LPPI), has sold the Princes Mead shopping centre site in Farnborough to Sovereign Housing Association for £17.6m, reflecting an 8% net initial yield.