Shopping centres are hot properties on the market at the moment, with an improvement in consumer confidence and a desire by multiple retail and leisure chains to expand fuelling profits for owners and investors. As a result, prices for high profile deals are... Read More
Shopping centres have changed dramatically over the past decade or so. Rather than being primarily focused on retail, they have also had to place a large emphasis on their leisure offer to satisfy changing expectations of the shopping experience. However, at... Read More
Since the advent of online shopping, retail destinations have had to evaluate their place in the retail industry and take steps to make themselves more appealing to consumers. The majority of shoppers now seek a lot more from their local shopping centre, and... Read More
Intu has glossed over a fall in both shops and shoppers at its 16 retail sites last year by announcing an £11m extension to its prestige Gateshead complex. It will spend another £20m upgrading its Potteries site. Britain’s biggest shopping centre... Read More
Bradford’s new Westfield Shopping Centre promises to be one of the most exciting projects to hit the city in several years, with a number of retailers expressing an interest in taking up commercial space in the £260 million development. The site, located... Read More
Chinamex — one of China’s largest overseas trading companies — has appointed London-based property agents Cluttons as the leasing agent for its new multi-million dollar Dragon City retail project in Bahrain. Dragon City is a mirror of the Dubai... Read More
Realis Estates has offered reassurances that the City Sentral scheme will go ahead following reports that the developer is heavily in debt. The multi million pound retail and leisure development was due to open in 2015 but a lack of progress has led to... Read More
Consumer confidence is steadily on the rise, with recent data from industry bodies such as the British Retail Consortium (BRC) indicating strong recovery within the retail sector. However, it’s clear that certain regions of the country are leading the way,... Read More
Intu Properties — which has interests in more than 15 UK retail complexes — has confirmed it is in talks to buy Westfield’s Derby shopping centre. It also wants to acquire Westfield’s half-share in Merry Hill in Dudley. If the both negotiations are... Read More
Click and collect has become one of the most popular initiatives within the retail industry, giving consumers the opportunity to order items during their lunch break and pick them up at a store of their choosing at a specified time. Yet while retail chains... Read More
