All Retail articles – Page 9
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Online
Supermarket Income REIT posts strong full-year figures
Net tangible assets (NTA) Supermarket Income REIT leapt 64% for its financial year to the end of June.
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Online
LXi in talks to buy £500m Sainsbury supermarket portfolio in sale-and-leaseback deal
LXi REIT is in talks to buy 18 Sainsbury stores in a sale-and-leaseback deal reported to be worth around £500m.
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News
Sports Direct founder Mike Ashley to step down from Frasers Group board
Mike Ashley is to step down from the board of Frasers Group, the owner of high-street brands including the Sports Direct chain the billionaire retail tycoon founded 40 years ago.
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News
Supermarket Income REIT buys Tesco in Llanelli for £66.8m
Grocery property investor Supermarket Income REIT (SUPR) has purchased a Tesco store in Llanelli, South Wales, for £66.8m from M&G.
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News
Long-lease investment opportunities top 48-lot Acuitus catalogue
A retail property in Crawley, West Sussex, tops a 48-lot catalogue issued by Acuitus ahead of its 22 September sale.
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News
Paloma Capital and Graftongate get green light for Banbury projects
Real estate developer Graftongate and its joint venture partner, private equity firm Paloma Capital, have won planning approval for three projects at a commercial site in Banbury, Oxfordshire.
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News
Bradford Council buys £15.5m shopping centre to pave way for city village plan
Bradford Council has snapped up the Kirkgate Shopping Centre for £15.5m, paving the way for the council to deliver a new city village and 1,000 new homes, Property Week can reveal.
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News
Addington Capital sells repurposed mixed-use property in Cheltenham
UK investor and asset manager Addington Capital has sold a mixed-use retail and office property in Cheltenham for £5.3m
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Online
Hortons’ seals gym chain deal at Birchley Island Retail Park
JD Gyms has signed a 15-year lease for a unit at Hortons’ Estate’s new retail park development in the Black Country, leaving one remaining unit available to let.
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News
Lush takes 103,000 sq ft of warehouse space in Poole
US fund manager Federated Hermes has let two warehouse units with a combined floor space of 103,000 sq ft in Poole, Dorset, to cosmetics group Lush.
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Professional
Can pop-ups boost high streets?
Before the pandemic, pop-up stores were being hailed as the potential saviour of bricks-and-mortar retail. However, with the cost-of-living crisis, rising inflation and continued dominance of ecommerce, is this still the case?
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News
JD Sports to open bigger store at Birmingham’s Bullring
JD Sports is planning to create a new bigger store at Hammerson’s Bullring & Grand Central in Birmingham.
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News
Edinburgh retail hub St James Quarter bags more brands
Fashion brand COS and wellbeing specialist NEOM Organics are the latest names to join the retail-led district St James Quarter in Edinburgh.
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Online
Gym+Coffee expands in Belfast
Belfast shopping centre Victoria Square has agreed the relocation of Gym+Coffee to a larger unit.
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News
Owners of Bon Accord centre call in administrators
The owners of Aberdeen’s Bon Accord Shopping Centre have entered administration following unsustainable cashflow problems.
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News
Jo Malone London takes space at Metrocentre Gateshead
Fragrance and lifestyle brand Jo Malone London is to open a store at Metrocentre Gateshead following the success of a pop-up shop at the centre last Christmas.
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Online
LAP reveals 17% rise in NTA in half-year figures
London & Associated Properties (LAP) has posted a 17% rise in net tangible assets (NTA) over the first half of it financial year.
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Insight
Bringing high streets back to life
Can our local and regional shopping centres thrive again? The closure of many high street names over the past few years has changed the look and feel of many shopping centres and streets, leading to a depleted offering – and plummeting footfall.
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Insight
West End requires urgent action
A thriving London is good for the rest of the UK, and the West End should be at the very heart of the nation’s economic recovery. But as London gets back to business, recruitment has become an existential issue facing the West End’s hospitality sector.
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News
Cain signs two independent brands at Islington Square
Cain International has agreed two new leases with independent retailers at its mixed-use Islington Square development.