New figures from Cushman & Wakefield have revealed investment in UK regional high street retail assets was down by 10% on last year. This however has not tarnished overall performance of the sector in Q1, as a total of 44 assets were transacted at a... Read More
Better occupier demand in UK retail warehouses has resulted in the lowest level of vacant space on UK retail parks since 2006, according to a report by Colliers International. The Heading out of Town report found that investment volumes in retail... Read More
High Street Retailer British Home Stores has had "no alternative" and officially gone into administration following a struggle with £1.3bn worth of debts. For 88 years, the department store has been a mainstay in UK high streets but now it faces a... Read More
Iconic high street retailer BHS is facing uncertainty today, as the store could be filing for administration due to £1.3bn of debt and a stand-off between its owner and the biggest lender. The store’s original majority stakeholder and owner of... Read More
This week, Chancellor George Osborne warned of a ‘permanently poorer’ UK if it were to leave the EU, with Treasury analysis saying that by 2030, UK national income could be 6% smaller. Debates are ongoing, trying to convince the nation why we should... Read More
It has been reported that there was an 85% increase of vacant short-term outlets since Q4 2015. The Local Data Company (LDC) found that units which have been vacant for less than a year had increased to 2,109 in Q1 2016, a substantial increase from Q4... Read More
Durham County Council has approved the transformation of a new 2 million sq ft prime industrial and logistics hub in County Durham. The developer, Citrus Durham Ltd, has received the outline planning permission for Integra 61, a mixed-use commercial... Read More
Despite the stamp duty tax changes reducing overall commercial property capital values in the UK, rental values grew more in March than January and February combined, according to CBRE’s latest Monthly Index. Capital values, after three years of... Read More
Last week, National Living Wage (NLW) was implemented as a legal requirement and the Federation of Small Businesses (FSB) is urging small businesses to act now to avoid hefty penalties. As of now, if an employee is aged 25 and over, the compulsory... Read More
Throughout March, retail sales volumes remained substantially steady, beating the expectations of slow growth, according to the latest monthly Distributive Trades Survey from CBI. The survey of 125 firms, comprising 63 retailers, found that sales... Read More
