Tag: Retail Property



Construction of new Leeds Shopping Centre to Begin in April

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

The developers behind the new Victoria Gate shopping centre in Leeds, formerly known as the Eastgate Quarters, have confirmed that work on the project will finally begin next month after planning consent was granted last September. The new shopping centre... Read More

Tube Station Pop-Up Shops on track for April arrival

Posted on by Kirsten Kennedy under Business News

In the ever changing and fast paced retail industry of the 21st century, remaining ahead of the game and keeping consumers interested can make the difference between a business venture succeeding and failing. While the internet plays a huge role in this... Read More

John Lewis prepares for Heathrow Take-Off

Posted on 17 March, 2014 by Cliff Goodwin under Business News

John Lewis is opening its first airport store as part of a “Best of British” plan for the new Terminal 2 at London’s Heathrow Airport. The new £2.5bn terminal will have 69 retail and catering units when it opens this June. The majority confirmed John... Read More

Plans approved for Oxford Westgate Shopping Centre

Posted on 14 March, 2014 by Kirsten Kennedy under Commercial Developments

For almost three decades now, the future of Oxford’s West End has been up in the air with controversy surrounding a number of different plans aiming to redevelop the retail district. However, this week plans to rebuild the Westgate Shopping Centre and... Read More

Council “Mismanagement” Blamed for Newcastle Shopping Centre Decline

Posted on 13 March, 2014 by Cliff Goodwin under Business News

The owners of a Newcastle shopping centre claim they have been “abandoned” by the city council in its bid to drive business toward the adjacent intu-owned Eldon Square complex — in which the authority has shares. The Intu owned Eldon Square shopping... Read More

Dundee Shopping Centre sold for £125.3m

Posted on by Kirsten Kennedy under Commercial Sales and Lets

Shopping centres are hot properties on the market at the moment, with an improvement in consumer confidence and a desire by multiple retail and leisure chains to expand fuelling profits for owners and investors. As a result, prices for high profile deals are... Read More

Westfield Stratford to add to Retail and Leisure Offer

Posted on 12 March, 2014 by Kirsten Kennedy under Top Properties

Shopping centres have changed dramatically over the past decade or so. Rather than being primarily focused on retail, they have also had to place a large emphasis on their leisure offer to satisfy changing expectations of the shopping experience. However, at... Read More

Morrisons to sell £500m of its Properties as Profits Slide

Posted on by Cliff Goodwin under Commercial Sales and Lets

Embattled Morrisons will lay bare the impact of a tough year this week when its annual report is expected to reveal a plunge in profits. The supermarket group has already confirmed it plans to offload almost £500m of its property assets including shopping... Read More

Shop Vacancy Rate falls further in February

Posted on by Kirsten Kennedy under Business News

At the height of the recession, shop vacancy rates became a real issue for town centres attempting to keep their high streets alive. A combination of low consumer spending, increasingly high business rates and the rising cost of utility bills had a... Read More

Co-op plans Large Scale Shop Acquisitions

Posted on 7 March, 2014 by Jodee Redmond under Business News

The Co-operative Group food arm has announced that it is planning to increase its property estate from 2,800 to 4,000 shops by adding around 150 convenience stores a year. Steve Murrells, the group's retail chief executive, told Retail Week that the... Read More