Tag: Shopping Centres

Atrium reports Profits fall as Russian Market remains “Challenging”

Posted on 17 August, 2015 by Cliff Goodwin under Industry News, Worldwide Property News

The ongoing instability in the Russian retail sector has led to Eastern Europe shopping centre owner and developer Atrium European Real Estate reporting lower profits and half-year earnings. Atrium Promenada (Warsaw, Poland) Commenting in an “ad hoc... Read More

Capital & Regional reports Strong First Half Growth

Posted on 12 August, 2015 by Kirsten Kennedy under Industry News

Capital & Regional has revealed an increase of 76 per cent in operating profit to £11.8 million in the first half of the year, significantly outperforming the £6.7 million taken during the same period last year. Capital & Regional currently... Read More

Shopping Centre Boom sparked by Investor Confidence claims DTZ

Posted on 6 August, 2015 by Kirsten Kennedy under Business News, Economy

Thanks to a strong uplift in consumer confidence, the number of shopping centre developments in the UK has skyrocketed in recent years, with many developers choosing to capitalise on the expansion plans of numerous High Street retailers. According to... Read More

intu reports Strong First Half Performance

Posted on 30 July, 2015 by Kirsten Kennedy under Business News

intu Properties has today issued its first half interim statement in which the group reveals a significant boost in net rental income and underlying earnings, bringing profit for the period to £262 million including a £162 million property revaluation... Read More

Liverpool ONE shows how Retail can thrive in the Digital Age

Posted on 22 July, 2015 by Cliff Goodwin under Top Properties

Liverpool ONE — the city centre retail and leisure complex — has responded to the challenge of the online retail sector by increasing its catchment by 73 per cent and getting a near-100 per cent promise from its visitors that they will... Read More

Global Shoemaker ECCO puts Best Foot Forward at intu Metrocentre

Posted on 20 July, 2015 by Neil Bird under Business News, Top Properties

Danish footwear and accessories company ECCO is to open its first shop in the North East after agreeing terms at intu Metrocentre. The global shoemaker is heading to the Gateshead retail and leisure destination as it seeks to continue its expansion... Read More

Bradford Broadway over 70 per cent pre-let following Latest Agreements

Posted on 15 July, 2015 by Kirsten Kennedy under Commercial Developments

The Broadway in Bradford is one of the most highly anticipated retail openings of the year in the north of the country, with the development set to welcome shoppers on the 5th of November. This week, developer Westfield has confirmed that a further two brands... Read More

Trinity Leeds welcomes Four New Signings

Posted on 14 July, 2015 by Neil Bird under Top Properties

Trinity Leeds has completed the signing of four new occupiers demonstrating the consistently high demand for space at the flagship retail destination, which recently scooped a prestigious design award in Las Vegas. The latest additions to the tenant... Read More

Bill’s Restaurant brings Breakfast to Bedtime offer to intu Trafford Centre

Posted on 13 July, 2015 by Neil Bird under Top Properties

The upcoming arrival of a brand new Bill’s Restaurant is poised to add to the attractions of the atmospheric New Orleans Quarter at intu Trafford Centre. The chain will join around 60 restaurants, cafés and bars at the North West’s super-regional... Read More

Rash of new Lettings cuts Redefine’s Vacancy Rate to just 1.8 per cent

Posted on by Cliff Goodwin under Industry News

Redefine International, the FTSE 250-listed real estate investment trust (REIT),  has confirmed it has let 30,000 sq ft of space so far this year  — leaving less than two per cent of its retail portfolio vacant. Redefine — which started life in... Read More