All Retail articles – Page 2
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Online
Cornish Bakery appoints Four & Co and Central Retail to lead nationwide expansion
Cornish Bakery has appointed Four & Co and Central Retail as its agents for property acquisition as it plans to open at least 15 outlets a year.
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Online
M7 fully lets Lombardy Retail Park in Middlesex
M7 Real Estate has let 12,500 sq ft of retail warehouse space at Lombardy Retail Park in Hayes to Currys.
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Online
LXi agrees £150m of new lending
LXi REIT has agreed a £150m loan and an extension to its existing £60m HSBC facility as part of its refinancing strategy.
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Online
Regal London and Cheyne snap up Barnet retail park
Regal London and alternative asset manager Cheyne Capital Management have acquired Great North Leisure Park from Landsec.
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News
Iceland closing six UK stores
Iceland Foods has shut two stores, at Mill Lane, Bromsgrove and Chineham Shopping Centre in Basingstoke, with four more to follow next month.
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Online
Portfolio value slumps 13.3% at Supermarket Income REIT
The value of Supermarket Income REIT’s portfolio slumped 13.3% in the second half of 2022 as the group suffered from industry-wide outward yield movements.
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News
FMX Urban Property Advisers launches after retail and leisure specialists merger
FMX Urban Property Advisers (FMX) has officially launched following completion of the merger between retail and leisure specialists MMX Retail and Fawcett Mead.
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Online
Canvas to convert Oxford Street retail unit into five-storey flexible workspace
Canvas Offices has unveiled plans to create a five-storey flexible office space on Oxford Street after signing a 25-year lease for a building currently used for retail and storage, Property Week can reveal.
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Insight
King’s Cross’s Anthea Harries on why the public realm is not just for Christmas
At last, we’ve made it through some of the darkest winter months, with Christmas trees and sparkly lights a distant memory, gym classes already quieter and just a handful of new year’s resolutions intact. At King’s Cross, we’ve been reflecting on the lessons learned from another busy festive period and ...
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Online
Aldi targeting empty London office blocks under new store expansion
Aldi plans to nearly double its 60-store-strong London portfolio as part of a UK expansion drive that will see it target empty office blocks and new housing locations.
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Online
PwC’s audits of Intu Properties under investigation by FRC
The Financial Reporting Council (FRC) has launched an investigation into audits conducted by PwC of collapsed shopping centre owner Intu Properties.
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Online
CapReg makes non-exec board appointment
Capital & Regional has appointed Panico Theocharides to the group’s board as a non-executive director.
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News
London retailers could be set for £96m business rate boost
Retailers on London’s busiest shopping streets could see a £96m boost due to a significant decrease in their business rates liability, according to new analysis from Knight Frank.
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This week in… 2014
Henderson’s plans to build 1.35m sq ft of office and retail space within its Leadenhall Triangle development were recommended for approval by City planning officer Peter Rees.
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Redhill shopping centre sold to private investor for around £17m
Belfry Shopping Centre in Redhill, Surrey has been sold to a private investor represented by Running Hare for £17m.
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News
M7 Capital lends £7.4m to David Samuel Properties
Real estate debt specialist M7 Capital has provided a £7.4m loan, on behalf of its UK debt fund TREC II, to support David Samuel Properties’ acquisition of Bouverie Place shopping centre in Folkestone, Kent.
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Online
Under Armour openings continue athleisure outlets growth
Sportswear retailer Under Armour is to launch three more brand-owned stores across the UK in the latest move by athleisure brands to open physical outlets.
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Insight
The Shopkeepers Campaign’s Vivienne King on the prospects for business rates reform
In April, the long-awaited business rates revaluation comes into force. Commercial occupiers will be paying rates based on the true value of their premises on 1 April 2021, instead of values from 1 April 2015.
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Online
Ruff and ready retail
Festival Place declares itself dog-friendly to attract customers to its shops
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News
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.