Retail property body The British Council of Shopping Centres (BCSC) has today announced that John Coyne has been appointed as its new Chief Executive. Mr Coyne, who takes-up his position in June, currently acts as interim managing director of Improving... Read More
Shop vacancy rates fell to their lowest level in five years last month as increased consumer confidence translated into greater stability in the retail and leisure sectors. According to figures compiled by the Local Data Company (LDC), the number of... Read More
Following the failure of Hammerson’s Sevenstone scheme in Sheffield, many high end retailers have struggled to acquire premises in the northern city and are instead setting their sights on nearby destinations such as York, Leeds and Manchester. However,... Read More
Shopping centres continue to be highly desirable assets for investors, with many taking the opportunity to extend or renovate existing floor space upon making an acquisition. This is the case for Evolve Estates, which has purchased Totton Shopping Centre in a... Read More
Towns and cities in the north of England have twice as many empty shops as those in the south — with the North-East boasting the highest rate of vacancies in the country. The latest figures from the Local Data Company (LDC) — which monitors 3,000 town... Read More
Many retailers struggled to adapt to the growing trend for online retailing during the recession, with the lower prices of cheap imports and the ease of home delivery proving immensely attractive to consumers. However, thanks to initiatives such as click and... Read More
Shopping centre transactions during 2014 reached volumes not seen since prior to the recession, DTZ reports. Last year, investment transactions in the UK reached £5.83 billion, with 101 shopping centres bought or sold in 70 separate transactions.... Read More
Space within the upcoming Grand Central Birmingham shopping centre is quickly filling up, with the development expected to bring a significant boost to the city centre when it opens later this year. The latest retailer to bag a unit is Foyles, with the... Read More
As international investment in the UK continues to grow, many retail groups are seizing upon the opportunity to offload loss making brands as a means of improving the overall performance of their assets. This is the case for the Arcadia group, which has this... Read More
Scottish businesses occupying office or retail premises are being invited to take part in a Government-backed energy consumption experiment. The SME Energy Challenge is a free scheme funded through Innovate UK, a collaborative project collecting and... Read More
