Tag: retail parks



Work to finally begin on Preston’s Queens Retail Park

Posted on 10 July, 2014 by Kirsten Kennedy under Commercial Developments

During the recession, a number of retail developments were put on the back burner as investment into the sector dropped hugely - fortunately most have now been kick started again as the economy continues to improve. However, few can claim to have faced quite... Read More

Crown Estate bids for Leicester Retail Park

Posted on 23 June, 2014 by Cliff Goodwin under Commercial Sales and Lets

With more than £1bn of prestige retail property across Britain currently up for sale it’s emerged that The Crown Estate is a leading bidder for one of the country’s biggest out-of-town shopping parks. Bids for Leicester’s Fosse Shopping Park —... Read More

Retail Park plans rejected by Maidstone Councillors

Posted on 19 June, 2014 by Kirsten Kennedy under Commercial Developments

Maidstone councillors have refused to grant planning permission for an out of town shopping centre located in Newnham Court. The plans, submitted by Land Securities, would have seen the area receive an £85 million investment, with the proposed centre... Read More

Crown Estate Partnership sells Leamington Retail Park

Posted on 6 June, 2014 by Cliff Goodwin under Commercial Sales and Lets

Gibraltar Limited Partnership — a fifty-fifty joint venture between the Crown Estate and Hercules Unit Trust — has sold Leamington Shopping Park for £72m. The Warwickshire centre, which boasts a near 100 per cent occupancy rate after an extensive... Read More

Plans for Devon Retail and Leisure Park cause Controversy

Posted on 31 May, 2014 by Kirsten Kennedy under Commercial Developments

Retail and leisure developments throughout the UK are thriving at present, with the effects of economic recovery particularly benefiting consumers living in the affluent south. Unfortunately, it now appears that the positive impact these developments bring to... Read More

Whiteley Shopping Centre marks First Anniversary with Leisure Extension Announcement

Posted on 29 May, 2014 by Kirsten Kennedy under Top Properties

Shopping centres have seen a resurgence in consumer footfall this year, after consistently losing business to online retailers during the recession. This has allowed developments such as Whiteley Shopping Centre in Hampshire to flourish in the past twelve... Read More

Retail Parks and Shopping Centres in Demand

Posted on 3 May, 2014 by Kirsten Kennedy under Commercial Sales and Lets

While demand for high street retail property remains mixed, there is no shortage of interest in retail parks and shopping centres, with British Land the latest to benefit from an upturn in the market. The property investment firm has this week... Read More

Drop in Easter Weekend Footfall reveals Fragility of Recovery

Posted on 22 April, 2014 by Kirsten Kennedy under Business News

After disappointing figures from the retail industry in March, many were hoping that the late timing of Easter would allow the high street to rebound in April. However, new data from retail data company Springboard indicates that, despite the sunny weather... Read More

Tyneside Metro Bosses launch Business Orientated Extension Plan

Posted on 18 April, 2014 by Cliff Goodwin under Business News

Nexus — which owns and runs Tyneside’s Metro system — is preparing a £300m bid for Government cash to help it kick-start a 20-year expansion and upgrade programme. It’s expected the project will cost at least £1bn to complete. As well as... Read More

Are Big Brands Responsible for the Decline of the High Street?

Posted on 26 June, 2013 by Kirsten Kennedy under Business News

It is no secret that high street shopping has become something of a hark-back to days gone by. The idyllic market scene, with butchers, greengrocers and DIY stores on every corner, is no more and instead consumers rely on supermarkets and chain stores to... Read More