Property

Matalan sells head office for £25m

Matalan has completed the £25m sale of its head office in Knowsley, Liverpool to a company already owned by the…

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Hammerson appoints new COO

Hammerson has announced the appointment of Grégoire Peureux to the newly created role of chief operating officer. Peureux will reportedly…

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British Land profits slump 29% in half-year results

British Land has reported that underlying profit slumped 29.6% to £107m in its latest half-year results, down from £152m the…

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Landsec to dispose of retail parks

Landsec has unveiled its plans to dispose of its retail parks where there is “little or no competitive advantage”, in…

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UK Flooring Direct continues ‘rapid’ expansion

UK Flooring Direct has opened a new warehouse and offices following the continued positive performance of the business throughout lockdown. …

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British Land welcomes ‘encouraging’ rent collections in latest quarter

British Land has welcomed “encouraging” rent collection since lockdown, with 69% of rent collections received on its September quarter day.…

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British Land sees over £1bn wiped off its property value

British land has seen over £1bn wiped off the value of its portfolio which it has attributed to a shift…

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Intu seeks £1bn of emergency funds

Intu has announced it will seek to raise equity in its efforts to fix its balance sheet. The commercial real…

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Hammerson appoints new non-executive director

Hammerson has announced the appointment of Méka Brunel as its new non-executive director.  Brunel is currently chief executive of Gecina,…

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H&M battles with landlords over rents

Fashion retailer H&M is battling with landlords over rent reductions, which could potentially see property owners bear the cost of…

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