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All Retail articles – Page 6
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OnlineLondonMetric sells almost £17m of assets
LondonMetric Property has sold four long-income and retail assets for £16.9m, in line with book value.
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NewsAldi scales up expansion plans as 1,000th UK store opens
Aldi has increased its long-term target for UK store numbers to 1,500, following the opening of its 1,000th supermarket, in Woking, Surrey.
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NewsLisburn retail park hits market for £4.85m
CBRE NI has been appointed to market Laganbank Retail Park in Lisburn, Northern Ireland, on behalf of an undisclosed vendor.
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InsightRetail isn’t the answer to fill Wilko’s high street gap
Editor: Wilko, another UK high street stalwart, is teetering on the brink. News about possible rescue deals does little to reassure us that recovery for our struggling urban areas is on the horizon.
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News52 Wilko stores set to close next week, administrators confirm
Beleaguered retailer Wilko will close 52 shops next week as negotiations over the sale of the remaining 300 stores continue
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NewsJohn Lewis foray into BTR could result in losses of £57m
John Lewis’ foray into the property sector has left the firm “beset from all sides” according to one expert after it was reported its build-to-rent (BTR) scheme in Ealing, West London, was likely to result in losses of £57m.
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OnlineVelement founder and former Hammerson MD reflects on retail, regeneration and Liverpool’s turnaround
In the latest episode of PropCast, Mark Bourgeois, founder of Velement Real Estate Advisory, former interim director of city develoment at Liverpool City Council and former managing director of Hammerson in the UK and Ireland, speaks to Montfort’s Andrew Teacher about retail, regeneration and how the city of Liverpool is ...
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NewsStudent housing deals outstrip retail to hit record £8.7bn in 2022
UK student housing deal volumes reached a record £8.7bn last year, exceeding retail deals for the first time ever, according to research released by MSCI.
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NewsB&M agrees £13m takeover deal for 51 Wilko stores
Discount retailer B&M has agreed a £13m deal with administrators to acquire 51 Wilko stores.
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NewsLidl opens its largest-ever distribution centre in Luton
Budget supermarket giant Lidl has opened its largest-ever warehouse in Houghton Regis, Luton.
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NewsThe Works reports 40% profit drop after business rates hit
The Works, the arts, gifts, books and stationery retailer, has partly blamed an extra £5.8m in business rates payments for a 40% drop in adjusted pre-tax profits to £10.1m for the year to 30 April.
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NewsNotting Hill vegetarian restaurant on the table at Barnard Marcus sale
Barnard Marcus’ next auction on 11 September features a property in the heart of London’s Notting Hill, let for 25 years to a vegetarian restaurant and retail operator.
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NewsHammerson issues £100m bond tap of existing £200m bonds maturing 2028
Hammerson has priced a £100m increase of its existing £200m 7.25% coupon bonds maturing in 2028, resulting in an outstanding notional of £300m.
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NewsWilko makes 269 roles redundant but nears Putman rescue deal
Wilko is making 269 support centre team member roles redundant, effective from 4 September, while its administrators are consulting creditors on the terms of a rescue deal with HMV’s Doug Putman, Property Week understands.
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NewsGerman investor snaps up Manchester’s 196 Deansgate in £25m office deal
Commercial Estate Group (CEG) has sold the 196 Deansgate office building in Manchester to AM alpha for a figure believed to be close to £25m.
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NewsM&S opens legal challenge against Gove’s Marble Arch decision
M&S today launched a High Court legal challenge against the government’s decision to reject its planning application to demolish and replace its flagship London Marble Arch store.
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NewsPersimmon drops from FTSE 100 as M&S joins
Housing giant Persimmon has dropped from the FTSE 100 Index following the September 2023 quarterly review, alongside Abrdn, Hiscox, and Johnson Matthey, and will leave the index on 18 September.
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InsightRevive retail with co-working spaces
Editor: The UK high street, a symbol of community and commerce, has undeniably faced a series of challenges in recent years.
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News‘Material uncertainty’ over future of Pizza Hut’s UK restaurants
Pizza Hut UK’s auditors have fired a warning shot about the future of the 150-store UK restaurant business due to fears over mounting debt.
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OnlineShaftesbury Capital to sell £100m-plus Fitzrovia portfolio
Shaftesbury Capital has instructed CBRE to sell the group’s Fitzrovia assets in London for in excess of £100m, according to reports.
