All Retail articles – Page 23
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Online
HTB completes £21.1m development finance
Hampshire Trust Bank (HTB) has completed a £21.1m development exit and construction loan facility for a mixed-use development in North London.
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Hammerson CEO Gangé on how retail property group ‘has turned a corner’
It’s been a busy 865 days for Rita-Rose Gagné.
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Supermarket Income REIT completes Sainsbury sale
Supermarket Income REIT completed the £430.9m sale of its interest in the Sainsbury’s Reversion Portfolio on Friday (17 March).
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News
Retail Watch: Asda reported to be launching property review
Supermarket giant Asda has declined to say whether it has mandated advisers to explore options for its property portfolio.
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News
Capital & Regional sells The Mall, Luton for £58m
REIT Capital & Regional, which owns retail and leisure properties and specialises in community shopping centres, has sold The Mall, Luton to SDI (Luton) and SDI (Luton 2) for £58m.
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Property and retail bodies call on government to stop town centre decline
Leading figures from the property and retail sectors are calling on central and local government to take action to address retail slowdown in town centres.
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Spring Budget: industry urges government to lower business rates burden
Industry experts are calling on the government to lower business rates and introduce reform ahead of tomorrow’s Spring Budget.
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Supermarket Income REIT sells Sainsbury portfolio for £430.9m
Supermarket Income REIT has agreed the £430.9m sale of its interest in the Sainsbury’s Reversion Portfolio to the supermarket giant.
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Insight
Heart of London Business Alliance’s Ros Morgan gives her 10 reasons to be happy three years on from Covid
Almost three years since Covid-19 shut much of the world down, there are green shoots of hope among the West End’s businesses.
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Online
Redevco creates one of Europe’s largest retail park platforms
Redevco has established one of the largest retail warehouse park asset management platforms in Europe with assets under management (AUM) of €4.5bn (£4bn).
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Gerald Eve snapped up as Newmark continues UK expansion
Gerald Eve has become the latest UK consultancy to be snapped up by US-based commercial real estate services business Newmark Group as part of the latter’s move towards increasing revenue generation internationally.
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BNP forecasts £41bn international investment targeting central London
BNP Paribas Real Estate has estimated £41bn of international investor ’dry powder’ is targeting central London office and retail assets this year, in a ‘triple-tiered’ buyer landscape.
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DTZ Investors snaps up Croydon retail park for £59m
DTZ Investors has bought Croydon’s Purley Cross Retail Park, where the main tenants are Aldi and M&S supermarkets, for £59m from Oval Real Estate.
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News
Brixham shop and office property to be star lot in Clive Emson auction
Clive Emson’s next online auction on 20 March is set to include a number of mixed-use properties across the UK.
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News
Amazon Fresh store priced at £2.5m leads next Allsop sale
An Amazon Fresh store in Camden, north London, guided at £2.5m will be one of the star lots in Allsop’s next commercial online auction on 23 March.
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Insight
Future of Leicester BTR scheme unclear after Highcross receivership
Plans for a 300-plus home build-to-rent (BTR) scheme in Leicester have been thrown into doubt after Hammerson and Norinchukin’s 1.1m sq ft Highcross shopping centre in Leicester was placed into receivership this week.
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Insight
M Core acquires Solihull shopping centre
Privately held commercial property portfolio M Core has acquired Chelmsley Wood shopping centre in Solihull, one of the main retail centres in the West Midlands town.
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News
Starbucks opening 100 UK stores this year
Starbucks, the world’s largest coffee chain, will open 100 new stores across the UK this year following a 37% increase in sales in this country to £449.3m.
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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.