IKEA — the world's largest furniture retailer — is preparing to open its first shopping mall in China as part of a £952m shift in its Asian retail strategy. Two more shopping centres will follow next year. The Swedish furniture chain has confirmed... Read More
The momentum which lifted Scotland’s commercial property market throughout 2013 has continued gathering pace into the first quarter of this year, claims a new report. Investment across all commercial sectors for the first quarter of the year was 2.8... Read More
But regional variations persist With the latest data from the British Retail Consortium (BRC) showing a positive upturn in non-food sales, many retailers are taking advantage of this improved consumer confidence to expand their operations and move into new... Read More
Last week, a report by property agent CBRE showed that London has become the most popular city in the world for international retailers seeking to expand into new markets, paving the way for these companies to grow in other areas of the UK. Now, it has... Read More
The retail industry remains one of the slowest areas of the British economy to gain full recovery status, yet this does not mean that all retailers within the sector are struggling. Conversely, budget retailers in both the supermarket and fashion categories... Read More
While in many areas of the country the recovery of the retail market remains slow, it seems there has been a boom in demand in the capital, with recent research from property consultancy Knight Frank revealing several major streets in Central London have... Read More
South African retail property specialists, Resilient Property Income Fund, has completed the negotiations to buy Jubilee Mall in Hammanskraal, located north of Pretoria, from NAD Property Income Fund.. According to the company, the acquisition is part of the... Read More
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
John Lewis among new terminal’s retail tenants Amidst the ongoing question of how Britain will increase its airport capacity, Heathrow has pushed on with expansion plans to improve its service for international customers. This has seen the country’s... Read More
Although the resolution of the Eurozone Crisis has eased the financial pressure upon continental consumers, the situation prevalent in the UK retail industry – whereby consumers are wary of excess spending – remains true overseas. This has taken a huge... Read More
