Property

Network Rail annual retail sales surpass £800m

Network Rail has revealed that retail sales reached over £800m in the past 12 months across its retail portfolio of…

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URW secures 12 lease signings for Centrale & Whitgift

Unibail-Rodamco-Westfield (URW) has announced 12 new signings for Centrale and Whitgift including London’s first Loupe store, alongside a number of…

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British Land praises ‘winning’ retail park format ahead of AGM

British Land chief executive, Simon Carter, has said that retail parks “continue to be a winning retail format” due to…

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John Lewis writes down head office by £15m 

John Lewis Partnership has reportedly written down the value of its head office in Victoria, London by £15.6m, amid a…

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Retailers cautious to invest as retail vacancies plateau

The overall vacancy rate for retail units in the UK remained at 13.8% of Q1 in 2023, the same rate…

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Aviva acquires Southampton retail park

Aviva Investors, the global asset manager of Aviva plc, has revealed it has acquired the Hedge End Retail Park in…

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Fortnum and Mason revamps flagship to appeal to wider audience

Fortnum and Mason is attempting to shed its image as a grocer for the super rich by revamping its flagship…

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British Land hails £120m in gross capital activity amid acquisitions

British Land has announced that it has made more than £120m in gross capital activity after acquiring three new retail…

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EG Group revenues jump 25% to $33bn

Asda owners the Issa brothers’ EG Group has revealed its full-year revenues surged 25% to $33.04bn (£22.5bn), which it said…

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Two major shopping centres secure net zero status

Two retail destinations, Quayside MediaCity in Salford and Gloucester Quays, have become the first shopping centres in the UK to…

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