Intu Properties has closed a transaction worth £101 million on the Parque Principado Shopping Centre in Asturias in northern Spain. It is one of the country's top 10 shopping centres, and brings in nine million visitors each year. Prime tenants include... Read More
While consumer confidence is once more on the rise, thanks to a squeeze on disposable incomes this is not necessarily translating into steeply rising sales for high street retailers, many of whom are still making losses though at a lower rate than during the... Read More
The boom in internet shopping has changed the face of the retail industry substantially, with many consumers choosing to order everything from clothing to groceries online. This has caused many retailers to cut back on their store portfolios and instead... Read More
The race for space is on in Bond Street and it has led to luxury brands shelling out millions on multi-level megastores. The trend started when Louis Vuitton opened its large outlet store on the street in 2010. Chanel opened its own store on the other side of... Read More
Sheffield Council has parted with the original developer behind the city’s Sevenstone scheme and now plans to “go it alone” without entering into a new partnership. The decision follows four years of delays by property firm Hammerson, with financial... Read More
In the first six months of 2013, North American investors made a strong showing in the European retail property market, according to CBRE. Sales were up 17 per cent over the same period last year, for a total of €15 billion. North American investors... Read More
One of the key issues highlighted by the Portas Review was a lack of affordable parking. With some town centres charging up to £3 per hour for council-run car parks, it is hardly surprising that consumers have turned to out of town retail parks, where there... Read More
With a number of new leisure and retail developments currently undergoing work across the country, developers are in a race against time to ensure theirs will be current, popular and achieve optimum footfall levels. This is why so many are working overtime to... Read More
British brands are becoming increasingly popular on the international platform, with luxury fashion houses such as Burberry and Mulberry enjoying particular success in emerging markets such as India and China. However, it is not only high-end fashion houses... Read More
Supermarket giant Tesco is to lend Investment Company Yucaipa Companies £80 million to take the loss-making Fresh & Easy stores off its hands, marking the end of a six-year struggle to crack the U.S. market. Tesco has confirmed Yucaipa will... Read More
