Birmingham based Real Estate Investors (REI) has announced the acquisition of a Walsall retail scheme, pushing the value of its assets beyond the £100 million mark. REI acquired 59/75 Park Street from Scottish Widows for a £7.7 million sum earlier... Read More
Liverpool One — Merseyside’s prestige 170-store prestige retail complex — is playing a major part in filling dozens of empty shop units across the city, claims a new report. According to the National Retail Barometer, published by property... Read More
Although shopping centres have become highly sought after assets it appears there are still some that fail to capture the imagination of private investors. This has seen the Weaver Square shopping centre in Northwich come under the ownership of the... Read More
Hammerson has taken full control of Leicester’s Highcross shopping centre, buying out its joint venture partner for a sum of £180 million. Highcross was built in 2008, at an initial cost of £350 million shared between Hammerson and BIS Company Ltd,... Read More
Demand for commercial property in the North-East has become so critical that even a 200,000sq ft development underway on the region’s biggest industrial estate will do little to ease the pressure, a senior agent has claimed. After four years of... Read More
Intu is a major player in the retail property market, with a number of high profile acquisitions boosting its returns significantly in the past two years. The property giant currently owns 15 branded shopping centres in the UK - along with Manchester's... Read More
Marks & Spencer this week reached the halfway point in the recruitment process for its new £40 million store on Stoke-on-Trent’s Wolstanton Retail Park that has been in the pipeline since 2012. The retailer will create a total of 250 new... Read More
Shopping centre development projects rose sharply in the direct aftermath of the recession, although this has dropped somewhat in 2014 due to the continuing economic restraints experienced by commercial property owners. However, according to new information... Read More
The Big Four supermarkets are facing increasing levels of competition, with brands from both the top and bottom end of the price range in the grocery market putting an extreme amount of pressure on the “squeezed middle”. And, it seems that this trend is... Read More
Shopping centres throughout the country are seeing huge levels of investment as owners seek to improve their appeal to retailers looking to expand. This has seen vacancy rates plummet, with recent data from the Local Data Company (LDC) and the British Council... Read More
