Tag: Retail Property



Wigan prepares for £60 million Town Centre Revamp

Posted on 8 November, 2014 by Kirsten Kennedy under Commercial Developments

Wigan is set to benefit from a large scale commercial development scheme, with proposals by Vale Retail expected to be approved next week. Designed by Edinburgh based Comprehensive Design Architects and covering a total of 500,000 sq ft, the £60... Read More

Work to begin on stalled Stratford Retail and Leisure Scheme

Posted on 6 November, 2014 by Kirsten Kennedy under Commercial Developments

During the recession, a number of development schemes around the country stalled due to a lack of funding. Now, as the recovery continues to intensify, a growing number of these projects are restarting, including a £30 million retail and leisure development... Read More

Shop Closures in Scotland slow but overall Climate remains Challenging

Posted on 4 November, 2014 by Kirsten Kennedy under Business News

The Scottish high street was one of the worst-hit victims of the recession, as the lower consumer spending power felt throughout the country was particularly pronounced north of the border. Yet fortunately, like most areas of the UK, Scotland is now beginning... Read More

Intu Reports Improved Retailer Demand

Posted on 3 November, 2014 by Neil Bird under Business News

Shopping centre operator Intu Properties has reported continuing improvement in retailer demand, in its interim management statement which was published today. The company also confirmed that its £1.2 billion development programme is on track. Intu,... Read More

British Land and Next agree four Separate Deals

Posted on 29 October, 2014 by Kirsten Kennedy under Industry News

Since overtaking key rival Marks & Spencer in terms of both market share and annual sales, high street fashion retailer Next has been keen to continue building momentum in order to remain at the top of the chain. This has seen it engage in a... Read More

Unibail-Rodamco to showcase latest Shopping Centre Developments at MAPIC 2014

Posted on 28 October, 2014 by Neil Bird under Industry News, Top Properties

Europe’s largest listed commercial property company, Unibail-Rodamco, is to showcase its latest development schemes at MAPIC 2014. The company, which has assets valued at €33.6 billion, will be exhibiting on two stands at the annual international... Read More

Huddersfield Shopping Centre expansion plans welcomed by local Business Leaders

Posted on 15 October, 2014 by Kirsten Kennedy under Top Properties

The Kingsgate Centre is currently one of Yorkshire’s most successful retail destinations, with the Huddersfield town centre development attracting consistently strong levels of footfall all year round. However, owner WD Huddersfield Ltd has now... Read More

TestTown initiative seeks to tackle High Street Vacancy Rates

Vacant retail shop to let
Posted on 14 October, 2014 by Kirsten Kennedy under Business News

Despite recent reports indicating that retail rents are finally showing signs of growth, the sector remains deeply polarised with high vacancy rates still a feature of many regional markets. However, a new initiative has been launched this week... Read More

Additional Retail Units and Cinema proposed for Carlisle Shopping Centre

Posted on 9 October, 2014 by Kirsten Kennedy under Commercial Developments, Top Properties

The owners of Cumbria’s largest shopping centre are considering proposals for a major extension which, they hope, will elevate spending and tourism income in England’s northernmost county. If the plans go-ahead, The Lanes in Carlisle will be... Read More

Flexible Leasing Structure gives Designer Outlet Villages the Edge

Posted on 8 October, 2014 by Kirsten Kennedy under Top Properties

One of the key legacies of the recession has been an apparent desire on behalf of consumers to continue to seek bargains wherever possible, whether they are shopping for weekly groceries or high end luxury items. This has seen out of town designer outlets... Read More