All Retail articles – Page 29
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News
HJ Collection completes acquisition of four new sites
Property developer HJ Collection has expanded its portfolio with the acquisition of four new assets in Lowestoft, Ipswich, Stafford and Hanley.
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News
Hammerson’s adjusted earnings up 154% for H1 reflecting strong demand for retail space
Hammerson reported strong demand for prime shopping space as it posted an increase of 154% year-on-year for adjusted earnings in its unaudited H1 2022 results.
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News
Commercial property values fall -6.8% in October
Capital values decreased by -6.8% across all UK commercial property in October 2022, according to the latest CBRE Monthly Index.
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News
Prime retail asset in Newcastle brings in £4.9m at Acuitus sale
Auctioneer raised a total of £20.7m from the sale of a mix of retail and healthcare lots at the November auction
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News
Boo and North Brewing Co to open at Circle Square in Manchester
A joint venture between developers Vita Group and Bruntwood SciTech has signed burger retailer Boo and brewer North Brewing Co for its Circle Square site in Manchester.
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News
Landsec signs mult-site deals with Sweaty Betty
Real estate giant Landsec has signed three deals with female activewear brand Sweaty Betty to take 6,000 sq ft of retail space in its prime retail destinations.
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News
Sook set to open site at Cain’s Islington Square hub
Flexible retail operator Sook is opening its 12th site in January at Cain International’s mixed-use Islington Square hub in north London, kickstarting the firm’s plan to open 50 new sites across 2023.
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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.