Tag: Shopping Centres

Plans for Middlesbrough Retail Development met with Mixed Feelings

Posted on 17 November, 2013 by Kirsten Kennedy under Commercial Developments

Locals have mixed feelings about a £55 million commercial development proposal in Middlesbrough. The proposal involves the construction of a £35 million retail and leisure scheme in the Middlehaven area of the town, as well as the £20 million... Read More

New Anchor Announced for Canterbury Shopping Centre

Posted on 7 November, 2013 by Kirsten Kennedy under Business News, Economy

London has become something of a hub for new retail developments, with a boom in tourism and an increase in consumer confidence within the city leading to increased sales and growing profit margins for the capital’s retailers. However, it is not just within... Read More

Intu Properties Enters Spanish Market

Posted on 13 October, 2013 by Jodee Redmond under Commercial Sales and Lets, Worldwide Property News

Intu Properties has closed a transaction worth £101 million on the Parque Principado Shopping Centre in Asturias in northern Spain. It is one of the country's top 10 shopping centres, and brings in nine million visitors each year. Prime tenants include... Read More

Work to Begin on Delayed Bradford Shopping Centre

Posted on 7 October, 2013 by Kirsten Kennedy under Commercial Developments, Economy

Since the end of the recession, an upturn in demand has kick-started several commercial development schemes which were placed on the back burner during the economic downturn. One of the latest developments to be rejuvenated is the Westfield Broadway... Read More

Bullring Celebrates Ten Years in Business

Posted on 7 September, 2013 by Kirsten Kennedy under Top Properties

Ten years ago, the retail environment in the UK was much different to the situation of today. Internet shopping was not the overwhelming force it is now and high streets remained popular with consumers, leading to a surge in large-scale retail developments... Read More

John Lewis Plans New Store Openings

Posted on 28 August, 2013 by Kirsten Kennedy under Business News

John Lewis has become something of a powerhouse in British retailing, with the department store chain consistently achieving record results even at the height of recession. With both department stores and the group’s supermarket chain Waitrose going from... Read More

Hammerson Plans Bullring Expansion but Drops Sevenstone Scheme

Posted on 30 July, 2013 by Neil Bird under Commercial Developments

Commercial property group Hammerson is considering expanding the Bullring only two months after increasing its stake in the Birmingham shopping centre. The details are yet to be decided but the group has confirmed that it is considering several options... Read More

Deputy PM Blasts Sheffield Council over Stalled Retail Development

Posted on 25 July, 2013 by Jodee Redmond under Commercial Developments

Sheffield City Council has been advised to "get its act together" and take action to deal with the future of the Sevenstone retail scheme after failing to publicly reveal the result of its supposed "crunch" talks. Deputy PM and Sheffield Hallam MP, Nick... Read More

Whiteley Shopping Centre Enjoys Bumper First Month

Posted on 8 July, 2013 by Neil Bird under Top Properties

Whiteley, Hampshire’s newest retail and leisure destination, has enjoyed a bumper first month’s trading. Since its official opening, on 23rd May, more than 750,000 visitors have shopped at the 320,000 sq ft scheme including a huge 48,000 on the launch day... Read More

Are Big Brands Responsible for the Decline of the High Street?

Posted on 26 June, 2013 by Kirsten Kennedy under Business News

It is no secret that high street shopping has become something of a hark-back to days gone by. The idyllic market scene, with butchers, greengrocers and DIY stores on every corner, is no more and instead consumers rely on supermarkets and chain stores to... Read More