Tag: Retail Property



Thorntons plans further Store Closures despite Strong Sales Growth

Posted on 21 January, 2015 by Kirsten Kennedy under Business News

Although supermarkets continue to struggle against the rise of the discounters, certain specialist stores still find that they often lose consumers to the “all under one roof” principle. This has been especially true at chocolatier Throntons, as along... Read More

Is the Worst Over for the High Street?

Posted on 20 January, 2015 by Kirsten Kennedy under Business News

During the recession, the overwhelming focus of the retail industry was directed towards the high street and the ensuing drop in occupancy levels that occurred after the financial crisis. However, although street teams such as the Portas Pilots continue to... Read More

Rockspring acquires Two South West Shopping Centres

Posted on 15 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Rockspring has purchased one of Taunton’s most popular shopping centres in a deal worth £27.55 million, reflecting an initial yield of roughly 6.65 per cent per annum. The acquisition comes hot on the heels of another shopping centre purchase in the South... Read More

Transformation of former Morrisons Headquarters given Green Light

Posted on by Kirsten Kennedy under Commercial Developments

Major retail and leisure developments were something of a trend in 2014 and seem set to continue this year thanks to the continuing improvements within the economic climate. This has allowed the debate over the future of the former Morrisons headquarters in... Read More

What’s in store for the Retail Property Market in 2015?

Posted on 14 January, 2015 by Kirsten Kennedy under Industry News

The retail property market has faced some significant challenges over recent years, but with the economy improving and consumers more prepared to spend, it seems that 2015 could mark a turnaround for both the retail sector and its property... Read More

Chester Grosvenor Shopping Centre for Sale

Posted on 13 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets

The Grosvenor Shopping Centre in Chester has been under the close scrutiny of property advisors for some time, with its recent £5 million investment seeing large scale improvements made to the mall’s rear entrance on Pepper Street. It has come as something... Read More

Planned Redevelopment of Burton Octagon Shopping Centre Revealed

Posted on 10 January, 2015 by Kirsten Kennedy under Commercial Developments

Large retail developments are increasingly focusing upon attracting a wider range of retailers to benefit customers as the economic recovery continues to gather pace. At The Octagon shopping centre in Burton, the owners feel that this will be best achieved by... Read More

Group claims “Millions” available for Sheffield Retail Quarter

Posted on 9 January, 2015 by Cliff Goodwin under Commercial Developments

A business consortium has unveiled multi-million pound plans to transform a five-acre site in the centre of Sheffield into a retail quarter. Chaired by a former chief executive of Vickers Defence Systems, John Crowther, the Sheffield Retail Development... Read More

Winchester Shopping Centre placed on Market after collapse of Property Company

Posted on 8 January, 2015 by Kirsten Kennedy under Commercial Sales and Lets

While the number of firms entering administration has lessened significantly since the peak years during the recession, they are still very much a reality in modern day Britain. This has recently been seen in the administration of the De Stefano Property... Read More

Investment in Retail Centres and London Shops hits Ten-Year High

Posted on by Cliff Goodwin under Commercial Sales and Lets

Investment in UK retail centres and central London shops hit a 10-year high last year, according to research by property agent Savills. Bouncing back to well above pre-recession levels, around £6.8bn worth of shopping centre transactions were... Read More