All Retail articles – Page 7
-
News
Hammerson welcomes 115,000 sq ft of retail openings at Bullring & Grand Central
Hammerson has announced 115,000 sq ft of new retail openings at Bullring & Grand Central in Birmingham after a flurry of new openings late in the year.
-
News
Coplan and Welbeck seek funding partner for £120m residential revival scheme in Exeter
Joint venture partners Coplan Estates and Welbeck CP are seeking a forward-funding partner for the redevelopment of a residential scheme on Exeter’s canal.
-
Insight
A year in review: Retail
It was a mixed picture for retail, with Wilko’s collapse and a record rent set on Bond Street, while a rates discount extension offered hope for small firms only.
-
News
Macquarie Asset Management invests £400m in debt secured against Asda ground leases
Australian banking giant Macquarie Asset Management has partnered with clients to invest £400m in debt secured against Asda supermarket ground leases on behalf of UK retirement-focused financial services specialist Just Group.
-
News
Boots’ US owner considering £7bn London IPO
Boots’ US owner is reportedly considering a £7bn listing on the London Stock Exchange in a renewed effort to shed the business.
-
News
Aldi creates national real estate team to power 500-store expansion spree
Aldi has created a new national real estate team as it aims to open 500 new UK stores.
-
News
C&W predicts valuations will bottom out in Q3 2024
Cushman & Wakefield (C&W) has predicted “a bottoming out for valuations” around Q3 next year, when it says rate hikes will end and cuts will commence, according to its EMEA Outlook 2024 report.
-
News
British Land wins approval for Lakeside Retail Park distribution hub
British Land has been given the green light for plans to bulldoze part of Lakeside Retail Park, Essex, to make way for a £200m multi-storey logistics scheme.
-
News
Frasers Group more than doubles property revenues after spending spree
Frasers Group, the company behind Sports Direct and House of Fraser, increased its profits to £310.2m in the six months to 29 October, from £287.2m the year before, boosted by revenue from the acquisition of shopping centres The Mall in Luton and the Overgate centre in Dundee, plus Coventry Arena.
-
News
Landsec unveils new retail operating model
Landsec has unveiled plans to transform its retail operating model, bringing in a number of operations in-house and “evolving” as a retail landlord, Property Week can reveal.
-
News
Morrisons and M&S broke land use laws to block rival supermarket stores, CMA rules
Marks & Spencer and Morrisons have been reprimanded by the competition regulator for breaking land use laws to block rival supermarkets from opening nearby stores.
-
News
Canary Wharf Group appoints former Crown Estate director as new head of retail
Canary Wharf Group (CWG) has appointed Leanne Catterall from The Crown Estate as its director of retail and hospitality.
-
News
Divergence in performance across property types ‘likely to persist in 2024’, CBRE says
Divergence in performance across property types is likely to persist in 2024 and obsolescence, particularly of older office and retail assets, will be a key challenge for the UK real estate market next year, according to CBRE’s UK Real Estate Market Outlook 2024.
-
News
MDM and Hana secure £90m refinancing for West Midlands retail park
MDM Asset Management and Hana Securities have secured a £90m refinancing deal for Gallagher Shopping Park in Wednesbury in the West Midlands.
-
Online
Sainsbury’s agrees HQ move to The JJ Mack Building
Sainsbury’s has agreed to move its UK head offices to Helical and Ashby Capital’s The JJ Mack Building in Farringdon, London, in the next two years.
-
Online
Shaftesbury secures £300m refinancing loan
Shaftesbury Capital has secured a £300m unsecured loan with an initial maturity of three years.
-
News
Majestic builds up its property team with the arrival of two new roles
Specialist wine retailer Majestic has created two roles in its property team as it begins to accelerate its expansion plans.
-
News
Brightbay sells portfolio of 25 Kwik Fit properties for £21m
Brightbay Real Estate Partners is selling a 25-property portfolio used by car maintenance company Kwik Fit across the UK for £21m.
-
News
Former Selfridges owner Signa Holdings files for insolvency
Signa Holdings, which recently sold its 50% stake in Selfridges, has filed for insolvency citing massive liquidity problems and higher interest expenses.
-
Insight
Igloo’s Insiyah Khushnood on the power of town centre regeneration in the regions
In recent years, the landscape of town centre regeneration in the UK, particularly in the North East, has faced various challenges and opportunities.