Hammerson sells retail park portfolio
April 22, 2021 7:29 amShopping centre owner Hammerson has agreed to sell its portfolio of seven retail parks to Brookfield for £330 million. The company said the proceeds will be... View Article
Tag Archive: commercial property
Marks & Spencer to redevelop Marble Arch store
March 10, 2021 7:10 amM&S has unveiled plans to reduce the retail space at its store at London’s Marble Arch and create office space on the upper floors of the... View Article
New Look asks landlords to move to turnover based rents
August 27, 2020 5:34 amFashion retailer New Look has asked landlords to switch rents to a turnover based model on 402 stores as part of a newly launched company voluntary arrangement proposal. If... View Article
Advisors called in to market Laura Ashley manufacturing and distribution facilities
August 18, 2020 2:06 pmAdministrators for Laura Ashley have drafted in property advisors to market the failed fashion and homeware retailer’s manufacturing and distribution facilities. PwC have appointed Avison Young... View Article
LondonMetric acquires five food stores and a logistics unit for £72.9 million
June 26, 2020 9:00 amLondonMetric Property has invested £72.9 million in the acquisition of five food stores and a logistics unit. Through a £62 million sale and leaseback, the company has bought... View Article
Mothercare to move to smaller head office
June 23, 2020 6:14 amMothercare has unveiled plans to move its head office to a smaller and more cost effective site in early August. The retailer has also agreed terms for a... View Article
Industry bodies issue call to extend protection from rent enforcement activity
June 19, 2020 8:49 amOrganisations representing over 80,000 members from across the retail, leisure and hospitality sectors are urging the Government to take steps this week to extend protection from... View Article
Topps Tiles agrees sale and leaseback of head office and warehouse
June 1, 2020 8:19 amTopps Tiles has agreed a sale and leaseback of its head office and central warehouse buildings with UK Warehouse Properties. The tile retailer said the proceeds... View Article
Hammerson sells St Oswald’s Retail Park
November 19, 2019 10:01 amShopping centre owner Hammerson has exchanged contracts on the sale of its St Oswald’s Retail Park in Gloucester. The company has sold the 20,900 square metre... View Article
Wyevale sells garden centre to Hillier
August 16, 2019 7:18 amWyevale is to sell its John Browns Garden Centre to Hillier Garden Centres. The transaction follows Hillier’s acquisition of four Wyevale centres in April. The site... View Article
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