Despite a rise in consumer confidence only four mixed-use retail and leisure schemes are currently under construction or recently opened in the country at present. One of these is the Parkgate scheme in Shirley, Solihull, which opened its doors this week... Read More
Shopping centres have seen a resurgence in consumer footfall this year, after consistently losing business to online retailers during the recession. This has allowed developments such as Whiteley Shopping Centre in Hampshire to flourish in the past twelve... Read More
In the UK, a growing number of developers and shopping centre owners have begun to recognise the benefits of offering a fully rounded consumer experience as a means of increasing footfall and dwell times. Yet while this generally involves adding aspects to an... Read More
Community service sentences handed out to two shopping centre managers who masterminded a £200,000 property service scam have been condemned as “excessively lenient”. Juliet Coard and Michael Lawson were employed at the 200-store Galleries... Read More
Praxis Holdings has added a seventh shopping mall to its retail portfolio by acquiring the St John’s Shopping Centre in Preston. It’s also snapped up a Cheshire office building, with both deals costing the London-based property investor just £7m. The... Read More
Increasing numbers of British retailers are choosing to examine their options overseas, with emerging markets in Asia and the improving economic circumstances in the USA and the Eurozone contributing to this boom in international opportunities. Shoe retailer... Read More
Shopping centres have become key acquisitions for large investment portfolios, with a growing number of retailers seeking to expand reducing vacancy rates and raising returns throughout the country. This has seen demand for shopping centre assets in the UK... Read More
As consumer confidence continues to rise, boosted by the lower inflation rate aiding real wage growth, increasing numbers of shopping centres around the country are benefiting from facelifts and extension projects designed to tap into this resurging market.... Read More
Hereford’s trouble-hit Maylord shopping centre has a new owner with promises of “significant developments” over the next few months. Lunar Holdings Sarl — a joint venture between real estate investors Apollo Global Management and M&M Asset... Read More
Three Irish shopping centres are about to go up for sale as the market heats-up. Lloyds is preparing to sell the Douglas Court shopping centre in Cork, the Bloomfield shopping centre in Dun Laoghaire, and part of the Eyre Square centre in... Read More