The owners of Cumbria’s largest shopping centre are considering proposals for a major extension which, they hope, will elevate spending and tourism income in England’s northernmost county. If the plans go-ahead, The Lanes in Carlisle will be... Read More
Although shopping centres have become highly sought after assets it appears there are still some that fail to capture the imagination of private investors. This has seen the Weaver Square shopping centre in Northwich come under the ownership of the... Read More
British Land has revealed details of an agreement with Plymouth City Council to complete a £40m leisure development adjacent to its Drake Circus Shopping Centre. The 100,000 sq ft scheme, on the site of the current coach station, will include a 12... Read More
Hammerson has taken full control of Leicester’s Highcross shopping centre, buying out its joint venture partner for a sum of £180 million. Highcross was built in 2008, at an initial cost of £350 million shared between Hammerson and BIS Company Ltd,... Read More
Intu is a major player in the retail property market, with a number of high profile acquisitions boosting its returns significantly in the past two years. The property giant currently owns 15 branded shopping centres in the UK - along with Manchester's... Read More
Two Yorkshire retail schemes are benefiting from the upturn in occupier demand which has accompanied the economic recovery. Specialist retail park fund Hercules Unit Trust (HUT), which is advised by British Land, has today announced that its Parkgate... Read More
Shopping centres throughout the UK are now beginning to recognise the beneficial effect a strong and diverse offering and have begun to invest in their leisure offering. This has seen the Capitol Shopping Centre in Cardiff launch preparatory works for the... Read More
Shopping centre development projects rose sharply in the direct aftermath of the recession, although this has dropped somewhat in 2014 due to the continuing economic restraints experienced by commercial property owners. However, according to new information... Read More
Despite an increase in use of digital devices in South Africa, most consumers appear to be using them to make choices before visiting bricks and mortar shops, according to the results of Broll Property Group's Retail Consumer Survey 2014. The results... Read More
Shopping centres throughout the country are seeing huge levels of investment as owners seek to improve their appeal to retailers looking to expand. This has seen vacancy rates plummet, with recent data from the Local Data Company (LDC) and the British Council... Read More
