Since the opening of the £1 billion Liverpool One shopping centre in 2008, many retail districts in surrounding areas have struggled to attract consumers in the way seen before the recession hit. However, now that economic recovery is underway, several are... Read More
The largest undercover shopping centre in Scotland is up for sale with a £175m price tag. Delancey, the owners of EK East Kilbride, is also shedding a second mall in Wolverhampton for £50m. Delancey bought both shopping centres — in a joint venture... Read More
A £700m retail property sell off has allowed two of Northern Ireland’s most prominent businessmen to retain control of their Foyleside and Forestside shopping centres. The disposal was ordered by Ulster Bank which wants to reduce its exposure on loans used... Read More
This year, UK sports fans have enjoyed a range of international events such as the World Cup, Wimbledon and the Tour de France; the latter of which has enjoyed a hugely successful opening weekend in Yorkshire. Yet as well as proving enjoyable for cycling fans... Read More
As the High Street recovery continues to build, with sales of non-food items growing steadily for the first time since the recession, local authorities and shopping centre owners are keen to examine opportunities to further lift footfall levels within town... Read More
As the economic recovery continues to gather momentum and consumer confidence heads towards pre-recession levels, many retailers have seen their profits rise and bottom line strengthen. Until recently, this recovery has failed to positively affect clothing... Read More
InfraRed Capital Partners has exchanged contracts for the purchase of Mill Gate shopping centre in Bury from Scottish Widows Investment Partnership. The deal for the 400,000 sq ft centre, is worth £52m. It adds to Infrared's portfolio in the region,... Read More
Deal increases exposure to the South East Britain’s biggest commercial property owner has confirmed the acquisition of a stake in Kent’s Bluewater Shopping Centre following the recent sale of Sunderland’s prime retail centre, The Bridges, and the... Read More
Newcastle planners have been accused of condemning businesses in the city’s biggest retail centre to “a downward spiral of decline”. The warning comes from Intu –which owns the city’s Eldon Square shopping centre (pictured) – in the face of... Read More
In what is being heralded as the first deal of its kind, the global workplace provider Regus has signed a deal to open “third place” business hubs at three of British Land’s retail properties. The first Regus Express centres will be piloted at... Read More
