All Retail articles – Page 4
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NewsFootfall remains 40% down year-on-year
Footfall remains around 40% down year-on-year, according to data from CBRE.
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News
Greenwich market landlord imposes temporary 60% rent hike
The owner of Greenwich market in south-east London, naval charity Greenwich Hospital, asked hot food stallholders to pay 60% more daily rent in the wake of the lockdown for a three-week period.
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Online
Harper Dennis Hobbs announces new head of consultancy
Harper Dennis Hobbs has appointed Andy Metherell as head of consultancy.
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Online
Retail warehousing vacancy rates on the rise, according to latest figures
Retail warehouse vacancy rates have risen to 7.8% at the end of Q2 2020, up from 7.6% at the turn of the year, according to the latest research published by Trevor Wood Associates.
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Amazon bets $1.4bn on return to the office
Amazon has unveiled plans to invest $1.4bn (£1.06bn) in new office space in the US, signalling its confidence in the return of workers to the office.
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Online
Colliers and ARC Retail appointed joint agents on Cheltenham shopping centre
Colliers International has been appointed as joint agents alongside ARC Retail on Regent Arcade Shopping Centre in Cheltenham.
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Online
Unibail-Rodamco-Westfield weighing up potential rights issue
The owner of Westfield shopping centres is ‘weighing up potential strategies’ to strengthen its balance sheet amid rumours of a €3bn (£2.71bn) rights issue.
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Avison Young appointed to market Laura Ashley’s distribution portfolio
Avison Young has been appointed to market Laura Ashley’s manufacturing and distribution facilities on behalf of joint administrators PwC.
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AEW UK takes Cineworld to court over unpaid rent
Investor AEW UK is taking Cineworld to court over non-payment of rent during the coronavirus lockdown.
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Frenchgate in Doncaster signs two Irish F&B outlets for UK debuts
The Frenchgate Shopping Centre in Doncaster has signed two Irish F B brands for their debut sites in the UK.
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Debenhams appoints liquidator and considers portfolio break-up
Retail chain Debenhams has appointed winding-up specialist Hilco Capital and is considering breaking up its portfolio of shops to sell to multiple buyers.
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Online
M7 Real Estate sells German portfolio for €86.4m
M7 Real Estate has sold a portfolio of 27 retail properties in Germany for €86.4m (£78.2m).
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Online
The Howard de Walden Estate drops dividend amid low rent collection
The Howard de Walden Estate has slashed its dividend payments as it collected just 53% of rent owed for the three months to the end of June.
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Online
Average lease lengths plummet to 18-month low
Average commercial lease lengths in the UK fell to an 18-month low in June when they dropped to 27.4 months.
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Online
London’s West End footfall down by two-thirds on last year
London’s West End footfall is down 63% compared to last year despite non-essential retail reopening eight weeks ago.
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Online
Setha Group submits plans for £30m development of Nasons department store
Setha Group has submitted plans to Canterbury City Council for the £30m transformation of the former Nasons department store site in the city centre.
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Online
BPF attacks ‘deplorable’ Select CVA
The British Property Federation has condemned Select’s latest CVA because it fails to meet the trade body’s best practice standards.
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Online
CVAs: what are the options for landlords?
It is, of course, a tough time for businesses everywhere, but landlords in particular continue to be on the receiving end of bad news, especially with the increasing number of high-profile casual dining and retail company voluntary arrangements (CVAs) that we are currently seeing.
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Online
Advisors put intu’s Trafford Centre up for sale
The Trafford Centre has been put up for sale two months after beleaguered retail landlord intu fell into administration.
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News
CACI unveils new leasing model for retail
Location specialist CACI has launched a data-based model to help facilitate leasing agreements between landlords and retail tenants.
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