All Retail articles – Page 4
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OnlineMajor retailers open at Caledonia Park
Three major retailers have committed to RPMI Railpen’s recently rebranded Caledonia Park designer outlet in Gretna, Scotland.
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Online
Revo appoints new CEO
Revo, the retail property lobby group, has appointed Vivienne King as its new chief executive.
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Online
Louis Vuitton buys jeweller Tiffany for $16bn
Bernard Arnault has bought US jeweller Tiffany Co for more than $16bn (£12.5bn).
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Online
Clarks appoints management consultants amid fear of store closures
Clarks has appointed management consultants to conduct a review of the high street chain, triggering concerns that job losses and store closures may follow.
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News
Liberty Life founder and intu creator Sir Donald Gordon dies
Sir Donald Gordon, the South African businessman that pioneered the development of shopping centres in South Africa and was behind Lakeside in Essex, has died at the age of 89.
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Online
Intu continues sell-off with £40m Northern Ireland sale to NewRiver
Retail giant intu has sold Sprucefield Retail Park to NewRiver REIT for £40m.
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Online
NewRiver reports modest earnings growth and signs deal with Knowsley Council
NewRiver REIT has reported modest earnings growth in the face of an increasingly tough retail market in interim results and signed up another local authority, Knowsley Council, to its asset management platform.
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News
Spelthorne back in business with Elmsleigh mall purchase
Local authority to snap up the Staines-upon-Thames centre from Aberdeen Standard Investments for £40m
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Online
Don’t infer too much about rents from CVAs, warns Fitch
Ratings agency Fitch has warned against inferring too much about rental values in the retail market from CVA documents.
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Online
Cain International reveals raft of retailers ahead of Islington Square launch
Cain International has secured a host of retailers for its Islington Square mixed used development ahead of its launch next month.
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Online
Three Mike Ashley brands sign at Cascades Shopping Centre
Pension fund RPMI Railpen has signed three new retailers to its Cascades Shopping Centre in Portsmouth.
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Online
Vatican’s top financial regulator leaves after scandal on London property
The Vatican’s top financial regulator has been unexpectedly replaced following an investigation into the purchase of a London office building .
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Online
Hammerson sells Gloucester retail park at 8% below valuation
Hammerson has sold St Oswald’s Retail Park in Gloucester to the local council for £54m, 8% below the current valuation.
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Online
John Lewis launches new experiential store
John Lewis has unveiled an experiential store in Southampton that if successful could be rolled out nationally.
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Online
McKay posts half-year growth in NAV, revenue and profit
McKay Securities has produced a 2.1% rise in net asset value (NAV) during the first half of the year, alongside strong rental growth.
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Online
Conservative business rate pledge does not go far enough, warn experts
The Conservatives have pledged to reduce business rates for small firms but experts have warned the pledge doesn’t go far enough.
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News
Discounted shopping centre sales are ‘a sign of the times’
Shopping centre deals in Swindon and Blackpool reveal the extent to which retail values have fallen
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News
Acepark posts underlying loss in wake of Toys R Us Properties purchase
Tim Knowles’ Acepark has swung to a loss in the wake of the company’s acquisition of Toys R Us Properties.
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Online
CBRE hires NewRiver founding director in senior retail role
CBRE has appointed Nick Sewell as an executive director in its retail investment team.
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Professional
Do CVAs create an unfair market for solvent retail tenants?
CVAs have certainly generated mixed feelings on the high street. In the past few weeks, high street landlord British Land has rapidly settled a challenge to Monsoon Accessorize’s CVA, allowing the struggling retailer to cut its rents by 25% to 65% across half of its stores.
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