All Retail articles – Page 5
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OnlineSEGRO buys Slough shopping park
SEGRO has paid Royal London Asset Management £120m to acquire the Bath Road Shopping Park in Slough, Berkshire.
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News
M&S to take over former Debenhams store at Trafford Centre
Marks and Spencer (M&S) has signed up for a new 135,000 sq ft store in Manchester’s Trafford Centre, taking over the another of Debenhams’ former stores.
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News
Aviva sells Manchester’s Corn Exchange to Middle Eastern investor
Manchester’s historic Corn Exchange has been sold by Aviva to a private investor from the Middle East for around £43m.
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Insight
Options UK’s Christine Hallett on why opportunity knocks with SSAS
Against a backdrop of rising inflation, political uncertainty and widespread industrial action, the pandemic’s lingering effect upon commercial property values has been striking.
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News
Shop closures up 50% in ‘brutal year’, says CRR
The Centre for Retail Research (CRR) has said 17,145 shops closed in the UK in 2022 in what it described as a “brutal year” for the retail sector.
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News
ADG’s plans for Peterlee retail centre submitted
Yorkshire developer Almscliffe Dhesi Group (ADG) has submitted plans to Durham County Council for a 13,027 sq ft retail centre on the outskirts of Peterlee, County Durham.
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News
Sports Direct to take flagship Dublin store
Frasers Group has purchased the 200,000 sq ft Dublin Zara store, formerly home to Debenhams, for its Sports Direct brand.
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News
M&S takes 100,000 sq ft at Grosvenor’s Liverpool ONE
Marks & Spencer (M&S) is taking 100,000 sq ft in the former Debenhams building at Grosvenor’s Liverpool ONE development.
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News
Retail consultancy Harper Dennis Hobbs rebrands as Newmark
London-based retail property consultancy Harper Dennis Hobbs has rebranded as Newmark.
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Online
LondonMetric JV buys resi site on London’s Old Kent Road
LondonMetric has acquired a retail asset in south east London from an open-ended property fund for £38m through one of its joint ventures.
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Insight
Rates reform would boost Oxford Street’s revival
We welcome the recent figures from Savills showing Oxford Street is on the brink of a generational change, with 1.32m sq ft of office schemes proposed in the next five years – driven by market demand and the West End’s attraction to workers as a destination in itself.
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News
Carter Jonas hired as agent for Chippenham shopping centre
Consultancy Carter Jonas has been appointed as the sole leasing agent on Emery Gate shopping centre in Chippenham, acquired by developer Acorn Property Group in August.
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Online
Hanover Green Retail appointed as Motcomb Street agents
Grosvenor has appointed Hanover Green Retail as sole agents for all lettings at Motcomb Street in Belgravia, central London.
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News
ICG RE spends £220m in Morrisons sale-and-leaseback deal
ICG Real Estate, part of asset manager Intermediate Capital Group, has acquired a portfolio of seven ambient, chilled and frozen distribution facilities from Wm Morrison Supermarkets for £220m.
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News
Office schemes hold key to the success of Oxford Street
Former retail spaces could be converted into offices, boosting footfall on London’s premier shopping street
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News
Acuitus lists £3.75m Luton retail land site in its final sale of the year
Land at a retail park in Luton, Bedfordshire, has been listed at a guide price between £3.75m and £4m in Acuitus’s last commercial auction of the year.
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News
Fenwick announces £430m sale of New Bond Street store
Family-owned department store group Fenwick has entered into an agreement to sell its New Bond Street store in London’s West End for £430m.
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News
Salboy buys Boddington brewery site for £195m mixed-use scheme
Property developer and funder Salboy has acquired the former Boddington brewery site on the northern edge of Manchester city centre for a mixed-use scheme expected to generate £195m GDV, Property Week can reveal.
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News
Maison Goyard takes Stars REI’s Mayfair site
Property investor Stars REI is leasing a 7,100 sq ft retail site in central London’s Mayfair to luxury French goods and leather trunk maker Maison Goyard for its new flagship UK store.
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News
AEW UK REIT spends £18.3m on Bath and Bromley retail assets
Listed-investment trust AEW UK REIT has acquired a retail asset in Bath city centre for £13m and another in the London borough of Bromley for £5.3m.
