Tag: Shopping Centres

Leeds Arndale Centre sold to New Investor

Posted on 22 January, 2014 by Kirsten Kennedy under Commercial Sales and Lets

Leeds Arndale Centre has been snapped up by the Schroder Real Estate Investment Trust in a deal worth £16.23 million. The 125,384 square foot shopping centre was placed on the market back in October of last year and garnered a reasonable amount of attention... Read More

Work begins on new Stafford Shopping Centre

Posted on 20 January, 2014 by Kirsten Kennedy under Commercial Developments

It has been announced that work will begin on the long-awaited Riverside development in Stafford, which has been delayed since last since September. The £70 million shopping complex will contain a total of 18 retail units, along with a six screen... Read More

Two Yorkshire Retail Sites Sold for £36m

Posted on 14 January, 2014 by Cliff Goodwin under Commercial Sales and Lets

GVA — the UK’s largest independent commercial property consultancy — has sold one of B&Q’s biggest outlets to an overseas investor for £20m. The agent was appointed to market the home improvement site at White Rose Way last September and... Read More

Peterborough Shopping Centre sold in £202 Million Deal

Posted on 7 January, 2014 by Kirsten Kennedy under Commercial Sales and Lets

With the uplift in consumer confidence first seen early last year continuing to build in momentum, investors are increasingly choosing to channel funds into developments which encourage large scale spending. At the forefront of this commercial property boom... Read More

Work to Begin on Stalled Bradford Shopping Centre

Posted on 2 January, 2014 by Kirsten Kennedy under Commercial Developments

2013 was a promising year for developers, with the improvement in the UK’s economic situation allowing planned developments to get back on track. Fortunately, it appears that this enthusiasm for large scale projects has continued into the New Year, with a... Read More

Elephant and Castle Shopping Centre sold for Development

Posted on 6 December, 2013 by Kirsten Kennedy under Commercial Sales and Lets

London’s Elephant & Castle shopping centre has been purchased by developer Delancey for a sum of £80 million. The firm intends to transform the 1960s concrete mall as part of its South Village scheme, with the property, once described as an... Read More

Capital to get Third Westfield Mall

Posted on 28 November, 2013 by Cliff Goodwin under Commercial Developments, Top Properties

It’s hoped a multi-million pound shopping development for Croydon will boost the area’s recovery after the devastating 2011 riots. The £1bn Westfield mall — overwhelmingly approved by council planners and backed by London’s Mayor Boris Johnson... Read More

Land Securities unveils Plans for Retail Developments in Oxford and Glasgow

Posted on 21 November, 2013 by Kirsten Kennedy under Commercial Developments

Land Securities, has revealed plans for a further two retail projects in key locations. Oxford and Glasgow are both to benefit from the creation of extensive and modern retail developments, with the initial groundwork expected to start in the coming months in... Read More

White Rose Leeds Food Court to Triple in Size

Posted on 20 November, 2013 by Kirsten Kennedy under Business News

Land Securities has made the decision to increase the floor space of the food court located in the White Rose Shopping Centre, Leeds. A £7 million investment will see the facility triple in size, taking the food court from the present 7,000 sq ft to a space... Read More

John Lewis confirms Westfield London extension

Posted on 17 November, 2013 by MOVEHUT under Business News

John Lewis is to open a department store at Westfield shopping centre in West London. The 230,000 sq. ft. branch covering an impressive four floors will be one of the biggest in Britain and will anchor a £1 billion extension of the shopping centre,... Read More