Tag: Shopping Centres

Tech Dominates April Retail Sales

Tech dominates April retail sales
Posted on 1 June, 2016 by Chris Grigorovsky under Business News, Economy

New figures from Hammerson’s Retail Tracker, HART, have revealed that technology sales across UK shopping centres had an overall 0.4% uplift in sales in April. It outperformed BRC’s latest figures which saw like-for-like sales down -0.9% for the... Read More

intu Watford Set for multi- million-pound Extension

intu watford set for multi million pound extension
Posted on 20 May, 2016 by Chris Grigorovsky under Commercial Developments, Industry News

intu has announced the appointment of Laing O’Rourke as main contractor for a new £178m extension of its Watford shopping centre. The extension, which will comprise a 1.4 million sq ft leisure and retail destination, will place Watford in CACI’s... Read More

‘Age of Change’ is Upon UK Shopping Centres

'Age of Change' is Upon UK Shopping Centres
Posted on 2 March, 2016 by Chris Grigorovsky under Business News, Economy, Industry News

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

Shopping Centre Transactions Reach £4.3 billion in 2015

UK Shopping Centre Transactions Reach Record £4.3 billion in 2015
Posted on 8 January, 2016 by Chris Grigorovsky under Economy, Industry News

It was a successful year for UK shopping centres in 2015, which saw the investment market stay strong throughout, with a total of £4.3 billion traded over 86 assets. This is 8 per cent higher than the long term average of £3.98 billion, a report from... Read More

Autumn Shopping Bonanza set to bring pre-Christmas Cheer to Retail Sector

Autumn shopping bonanza set to bring pre-Christmas cheer to retail
Posted on 28 October, 2015 by Neil Bird under Economy

Shoppers are not waiting for the festive season to start spending this year, new research from intu reveals. In fact most British adults have a full shopping list to complete before the end of November – but what items top the list varies from region to... Read More

Bumper Year Triggers Raft of New Deals at Royal Victoria Place

Posted on 15 October, 2015 by Neil Bird under Commercial Sales and Lets

Hermes Investment Management has completed the signing of five new tenants at its 300,000 sq ft Royal Victoria Place (RVP) shopping centre in Tunbridge Wells. The new lettings follow a highly successful year for RVP, which has recorded twelve months of... Read More

Christmas Rush has started for Shopping Centre Investors

Christmas rush has started for shopping centre investors
Posted on by Cliff Goodwin under Commercial Sales and Lets

Savills is predicting a near-record level of investment in British shopping centres for the final three months of this year. The international real estate advisor claims that the 2015 transaction tally could well match last year’s £6.4bn. The firm... Read More

Intu celebrates Rugby World Cup 2015 with Games and Prizes

Posted on 9 October, 2015 by Kirsten Kennedy under Top Properties

Despite England’s disappointing performance in the Rugby World Cup, there is still plenty of action to look forward to, and intu is joining in the spirit of the tournament by offering a programme of online and in-centre activities to enjoy in the weeks... Read More

Capital & Regional opens for trade on Johannesburg Stock Exchange

Posted on 7 October, 2015 by Neil Bird under Industry News

In a move that was recently trailed Capital & Regional, the specialist REIT with a £1 billion portfolio of in-town UK shopping centres, has today started trading on the Johannesburg Stock Exchange (JSE). Capital & Regional’s assets... Read More

New intu App joins the dots between the Physical and Digital Shopping Experience

Posted on 14 September, 2015 by Kirsten Kennedy under Business News

The leading developer, owner and manager of prime regional shopping centres in the UK, intu, is launching a new app which promises to “bring the digital and physical shopping experience together” after its launch at the end of the month. intu will... Read More