Hammerson has announced that it has exchanged contracts to sell its interest in Grand Maine shopping centre located south west of Angers. The buyer is a leading French institutional investor, who has paid €63.2 million (£45.3 million) for the... Read More
Intu Properties says only a single restaurant remains vacant in its £17m “through the night” extension to Gateshead’s Metrocentre. More than eight months ahead of completion 11 food and leisure units within the Qube have now been let. Contractor... Read More
Capital & Regional, the UK focused Real Estate Investment Trust (REIT), has today issued a valuation update prior to the announcement of its half year results later in the summer, showing a rise in the valuation of its portfolio and a strong operational... Read More
Nottingham City Council has given the go-ahead for the proposed redevelopment of the intu Broadmarsh shopping centre, reflecting the 90 per cent approval rating the plans received during the public consultation period. A planning application was... Read More
The £20 million leisure extension at intu Potteries is fully pre-let, six months ahead of its scheduled opening, intu Properties has confirmed. The impressive occupier line-up has been completed by Bon Pan Asian Restaurant, which has taken a 13,750 sq... Read More
For some time, the UK’s major shopping centre owners have been investing in their leisure offer as a means of attracting more customers and increasing dwell time. And this strategy is producing results, with the latest British Council of Shopping Centres... Read More
Less than a month after submitting plans for the redevelopment of its Nottingham Broadmarsh shopping complex, intu Properties is seeking approval for the multi-million pound transformation of its Milton Keynes centre. Part of a decade-long £1.3bn... Read More
Intu Properties has today released a trading update that reports an improvement in the letting market and in overall performance at centre level. The latest results, following the firm’s annual general meeting (AGM,) show that its current strategy is... Read More
Retail property body The British Council of Shopping Centres (BCSC) has today announced that John Coyne has been appointed as its new Chief Executive. Mr Coyne, who takes-up his position in June, currently acts as interim managing director of Improving... Read More
Shop vacancy rates fell to their lowest level in five years last month as increased consumer confidence translated into greater stability in the retail and leisure sectors. According to figures compiled by the Local Data Company (LDC), the number of... Read More
