SHOPPING CENTRES & RETAIL PARKS
Intu takeover deal falls through
Hammerson completes sale of stake in Highcross
Hammerson has completed the sale of its 50% stake in Highcross shopping centre in Leicester for £236 million.
Westfield Stratford City welcomed 50 million visitors in past year
Figures released by Unibail-Rodamco-Westfield have revealed that the Westfield Stratford City shopping centre has attracted 50 million visitors in the last year.
Sports Direct owner Mike Ashley to give evidence to MPs regarding UK high streets
Sports Direct owner Mike Ashley has vowed to try to help save the UK’s high streets by insisting that MPs do more to help.
LondonMetric sells Ipswich retail park
LondonMetric has sold its retail park in Martlesham Heath in Ipswich for £22 million.
Zsar Outlet Village to open on 29 November
Zsar Outlet Village, the first premium outlet centre in the Nordics, is to open in Virolahti in Finland at the end of this month.
Westgate Oxford celebrates positive impact on local economy
The new Westgate shopping centre that launched in Oxford a year ago has released data to show that its opening has led to an 8.9% rise in footfall in the city year-on-year.
New partnership aims to tackle crime in London’s West End
New West End Company, the organisation representing businesses in London’s Bond Street, Oxford Street and Regent Street shopping districts, has launched a new scheme to tackle crime and anti-social behaviour in the area.
Intu hails strong operational performance
The Intu shopping centre operator has reported that it agreed 84 longterm leases from 1 July to 23 October at rental levels 8% above previous passing rent.
Retail footfall declined by 1.7% in September
Retail footfall declined by 1.7% year-on-year in the UK in September with no region experiencing growth in the number of shoppers.
All the latest news on the UK’s shopping centres, retail parks and high streets. Bringing you stories on new openings, footfall figures and innovative schemes to keep the UK’s shopping districts vibrant.
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