Tag: shops



Shopping Centre Investment hits Six Year High

Posted on 15 May, 2014 by Kirsten Kennedy under Commercial Sales and Lets, Top Properties

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

Furniture and Flooring boost Easter Retail Sales

Posted on 14 May, 2014 by Kirsten Kennedy under Business News, Economy

The retail industry is currently benefiting from a number of improvements in the UK economy, with a drop in inflation and a climb in real wage growth combining to encourage a lift in consumer spending. This saw sales rise strongly over Easter, with furniture... Read More

Ipswich Tower Ramparts Shopping Centre to be Refurbished

Posted on 13 May, 2014 by Kirsten Kennedy under Commercial Developments

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

New Hope for Hereford Shopping Centre Tenants

Posted on 11 May, 2014 by Cliff Goodwin under Commercial Sales and Lets

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

J. Crew opens “Bug Friendly” Sloane Square Store

Posted on 10 May, 2014 by Kirsten Kennedy under Top Properties

Environmental issues have become increasingly important in new commercial property builds, with initiatives such as rainwater recycling and natural air conditioning lowering utilities costs for tenants whilst simultaneously contributing towards the UK’s eco... Read More

Flurry of Irish Shopping Centre sales as the Market Improves

Posted on 9 May, 2014 by Jodee Redmond under Commercial Sales and Lets

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

New Store Openings boost Sales at Poundland

Posted on by Kirsten Kennedy under Business News

Discount brands are continuing to enjoy a boom in sales despite the end of the recession bringing with it increases in disposable income and a drop in inflation. This has seen brands such as Aldi, Lidl and Poundland invest in new store openings throughout the... Read More

Old Market Shopping Centre opens in Hereford

Posted on 8 May, 2014 by Kirsten Kennedy under Commercial Developments, Top Properties

British Land and Stanhope have officially cut the tape on the Old Market Shopping Centre in Hereford following a £90 million investment to improve local services. The open air shopping complex was developed by Stanhope but, as all funding was provided by... Read More

Sainsbury’s reports Annual Profits Rise despite Competition from Discounters

Posted on 7 May, 2014 by Kirsten Kennedy under Business News

The supermarket sector has become one of the most competitive in retail of late, largely due to the influx of discount brands eating into the market share of Britain’s traditional “Big Four” chains. Yet while analysts were concerned that this would lead... Read More

Birmingham braced for Wave of Revamps and Developments

Posted on 6 May, 2014 by Kirsten Kennedy under Commercial Developments

Birmingham, which is already set to benefit from the redevelopment of the Paradise Circus area of the city centre, will see two more major revamps get underway shortly. The first of these involves department store Selfridges, which has revealed plans to... Read More