Tag: Shopping Centres

Dundee Shopping Centre sold for £125.3m

Posted on 13 March, 2014 by Kirsten Kennedy under Commercial Sales and Lets

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

Westfield Stratford to add to Retail and Leisure Offer

Posted on 12 March, 2014 by Kirsten Kennedy under Top Properties

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

Bolton Shopping Centre to upgrade Leisure Offer

Posted on 7 March, 2014 by Kirsten Kennedy under Business News

Since the advent of online shopping, retail destinations have had to evaluate their place in the retail industry and take steps to make themselves more appealing to consumers. The majority of shoppers now seek a lot more from their local shopping centre, and... Read More

Rental Decline fails to deter Intu’s £1bn Extension Plans

Posted on 3 March, 2014 by Cliff Goodwin under Top Properties

Intu has glossed over a fall in both shops and shoppers at its 16 retail sites last year by announcing an £11m extension to its prestige Gateshead complex. It will spend another £20m upgrading its Potteries site. Britain’s biggest shopping centre... Read More

Food Retailers confirmed for Bradford Westfield Shopping Centre

Posted on by Kirsten Kennedy under Commercial Developments

Bradford’s new Westfield Shopping Centre promises to be one of the most exciting projects to hit the city in several years, with a number of retailers expressing an interest in taking up commercial space in the £260 million development. The site, located... Read More

Cluttons named as Agent for Bahrain Dragon City

Posted on 22 February, 2014 by Cliff Goodwin under Worldwide Property News

Chinamex — one of China’s largest overseas trading companies — has appointed London-based property agents Cluttons as the leasing agent for its new multi-million dollar Dragon City retail project in Bahrain. Dragon City is a mirror of the Dubai... Read More

Developer offers Reassurances over Stoke Shopping Centre Scheme

Posted on 19 February, 2014 by Neil Bird under Commercial Developments

Realis Estates has offered reassurances that the City Sentral scheme will go ahead following reports that the developer is heavily in debt. The multi million pound retail and leisure development was due to open in 2015 but a lack of progress has led to... Read More

London Designer Outlet attracts over a Million Visitors in first Three Months

Posted on 14 February, 2014 by Kirsten Kennedy under Top Properties

Consumer confidence is steadily on the rise, with recent data from industry bodies such as the British Retail Consortium (BRC) indicating strong recovery within the retail sector. However, it’s clear that certain regions of the country are leading the way,... Read More

Intu sets its sights on two more Shopping Centres

Posted on 10 February, 2014 by Cliff Goodwin under Commercial Sales and Lets

Intu Properties — which has interests in more than 15 UK retail complexes — has confirmed it is in talks to buy Westfield’s Derby shopping centre. It also wants to acquire Westfield’s half-share in Merry Hill in Dudley. If the both negotiations are... Read More

Westfield London introduces Click and Collect Hub

Posted on 30 January, 2014 by Kirsten Kennedy under Business News

Click and collect has become one of the most popular initiatives within the retail industry, giving consumers the opportunity to order items during their lunch break and pick them up at a store of their choosing at a specified time. Yet while retail chains... Read More