A new 2016 Global Retail Destination Index launched today at MIPIM, has revealed London as top retail destination in Europe. Created by New West End Company and commissioned with Savills, the “Window to the world” report has ranked London’s West... Read More
Commercial property investors, Praxis, has announced the completion of its £11m acquisition of 142,231 sq ft office building at Pride Park in Derby. Former home of internet bank, Egg, the prime headquarters office building was acquired from Helix... Read More
According to sector analysts, West Midlands consumers are starting to return to in-store shopping as their purchasing habits evolve. Meeting in Birmingham, representatives from BDO, Lambert Smith Hampton and the Mailbox, discuss retail sector trends... Read More
Despite UK shopping centre property investments in 2015 providing total returns of 10.0%, the sector is due to face an 'Age of Change' and bring with it challenges for many centres. According to the latest MSCI/Colliers International UK Shopping Centre... Read More
In the three months to February, economic growth saw a small improvement compared to poor performance in January, resulting in improved expectations for the coming quarter, according to CBI's latest Growth Indicator. The survey, which comprises 790... Read More
The new £50 million mixed use scheme in Coventry's city centre has been deemed vital for its regeneration by the city council. Liverpool based construction firm, Downing, are creating 42 apartments, 600 student bedrooms, as well as 12,000 sq ft of... Read More
According to a new report published today by the British Retail Consortium (BRC), there is to be an estimated 900,000 fewer jobs in the sector by 2025. The report suggests that store closures on UK high streets and town centres could exacerbate the... Read More
Birmingham’s business leaders have welcomed the commitment to the city by retail property giant Hammerson. Hammerson, who acquired Grand Central last month, recently announced that it would be selling a half share in Birmingham’s Bullring to joint... Read More
Hammerson has recently announced that Union Square in Aberdeen has submitted an application for planning permission in principle (PPiP) for a multi-million pound expansion of one of Scotland’s premier shopping destinations. The expansion comprises... Read More
Despite an uneventful Christmas period, the New Year saw sales in UK retail rise by 2.6%, surpassing the figure in January last year, the British Retail Consortium reports. Sales were up by 3.3% compared to the 1.6% increase in January 2015, which is... Read More
