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
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
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
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
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
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
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
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, 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
