All Retail articles – Page 6
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OnlineLXi bucks property sector trend as NAV nudges up in first half
LXi REIT has posted a rise in net asset value during the first half of its financial year, bucking the industry’s downward trend due to softening yields.
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NTA dips at NewRiver REIT
The value of net tangible assets (NTA) at NewRiver REIT dipped 1.5% during the first half of its financial year as investment in its regeneration portfolio hit otherwise positive value gains across its retail portfolio.
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GPE confirms flagship Oxford Street letting to Polish retailer
Great Portland Estates (GPE) has announced that that fashion retailer Reserved has leased a new London flagship at its 70-88 Oxford Street, as revealed by Property Week on Monday.
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Mixed-use Clerkenwell lot to star in Savills’ November sale
A seven-storey, mixed-use corner property in Clerkenwell, London, with a guide price of almost £11m, leads the line-up for Savills’ penultimate auction of the year on 24 November, which will include more than 180 lots across the country.
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Leumi UK agrees £30m refinancing loan for Gloucestershire shopping centre
Specialist property lender Leumi UK has agreed a £30m loan to refinance the Yate Retail Shopping Centre and adjacent Riverside Retail Park near Bristol.
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Large retailers’ rates bill slashed by over a third
Shops over 19,910 sq ft in size will benefit from the biggest proportionate savings for the retail sector under the business rates transitional relief scheme announced in the recent Autumn Statement, but rates will increase for many retail categories, according to analysis by the real estate adviser Altus Group.
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Glenbrook submits application for £250m Trafford development
Developer Glenbrook has submitted a detailed planning application for the residential and public realm elements of Lumina Village, a £250m mixed-use scheme in Trafford, Greater Manchester.
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Exclusive: Polish retailer agrees flagship move to GPE’s Oxford Street scheme
Great Portland Estates (GPE) has signed Polish fashion retailer Reserved for a flagship move to its mixed-use scheme at 70-88 Oxford Street in London, Property Week can reveal.
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Capco reveals new Covent Garden tenants
Capital & Counties Properties (Capco) has unveiled a set of new tenants for its central London Covent Garden estate, in time for Christmas.
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Time Retail Partners lands former CBRE directors
Retail property consultancy Time has appointed former CBRE directors Nick Gardner and Jon Lees to expand its lease advisory team.
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Grosvenor appoints Chris Jukes as new Liverpool ONE lead
Property giant Grosvenor has appointed Chris Jukes as director of Liverpool ONE, the city’s 1.65m sq ft retail and entertainment destination.
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Heritage body accuses M&S of defamation over Oxford Street enquiry
A row has broken out over M&S’s comments about evidence given by SAVE Britain’s Heritage trustees at the recently closed public inquiry into the redevelopment of the retailer’s flagship store on Oxford Street.
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Frasers takes 100,000 sq ft at Blackpool’s Houndshill centre
Frasers Group has become the anchor tenant of Houndshill Shopping Centre owned by Blackpool Council.
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Lakeside signs up two more Inditex brands
Inditex fashion brands Pull&Bear and Stradivarius have taken 9,642 sq ft and 8,710 sq ft respectively at Lakeside shopping centre in Essex
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M7 joint venture assembles regional asset portfolio
Investor and asset manager M7 Real Estate has acquired 15 industrial, retail warehouse and office investments in a joint venture (JV) with investment and technology development firm DE Shaw group.
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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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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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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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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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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.
