For almost three decades now, the future of Oxford’s West End has been up in the air with controversy surrounding a number of different plans aiming to redevelop the retail district. However, this week plans to rebuild the Westgate Shopping Centre and... Read More
The owners of a Newcastle shopping centre claim they have been “abandoned” by the city council in its bid to drive business toward the adjacent intu-owned Eldon Square complex — in which the authority has shares. The Intu owned Eldon Square shopping... Read More
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
The retail industry has become increasingly buoyant in recent months, with categories such as home ware and furniture leading many retailers to hope that the difficulties brought on by the financial crisis are firmly behind them. However, the fragility of the... 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
Embattled Morrisons will lay bare the impact of a tough year this week when its annual report is expected to reveal a plunge in profits. The supermarket group has already confirmed it plans to offload almost £500m of its property assets including shopping... Read More
At the height of the recession, shop vacancy rates became a real issue for town centres attempting to keep their high streets alive. A combination of low consumer spending, increasingly high business rates and the rising cost of utility bills had a... Read More
As wealth levels rebound after the financial crisis the world's mega-rich are turning their back on luxury mansions and investing in hotels and office blocks, new research claims. The shift into commercial property — and investments that offer higher... Read More
The Co-operative Group food arm has announced that it is planning to increase its property estate from 2,800 to 4,000 shops by adding around 150 convenience stores a year. Steve Murrells, the group's retail chief executive, told Retail Week that the... Read More
Investor competition is being blamed for a 50 per cent rise in supermarket property deals last year. Between them the big five food retailers set a new record by clinching £1.8bn in land and building transactions. A report by property consultants and... Read More
