Shopping Centres

Intu offloads Gateshead Metrocentre to new owner

Sovereign Centros, a real estate operating partner, has taken over the running of the Gateshead Metrocentre from Intu. The site…

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Hammerson appoints Rita-Rose Gagné as CEO

Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive officer and executive director. Gagné was most…

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Hammerson eyes Ivanhoé Cambridge boss as new CEO

Shopping centre owner Hammerson is reportedly considering appointing the boss of Ivanhoé Cambridge – part of Canadian pensions giant Caisse…

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Westfield owner announces £8.1bn ‘reset’ plan

Westfield owner Unibail-Rodamco Westfield (URW) has announced an €9bn (£8.1bn) ‘reset’ plan which will see it attempt to raise £3.2bn…

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Usdaw warns business rates increase could risk more jobs

Retail trade union Usdaw has expressed “major concerns” over reports that the government is considering increasing business rates for premises…

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Hammerson seeks £825m to ride pandemic

Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…

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Westfield rental income slumps in H1 results

Westfield owner, Unibail-Rodamco-Westfield (URW), has reported a 14.2% slump in net rental income to €1bn (£904m) in its half-year trading…

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Intu slashes 46 head office roles

Intu has slashed 46 roles across its London head offices, following its collapse into administration at the end of June.…

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John Whittaker steps downs as Intu chairman

John Whittaker has reportedly stepped down from his role as chairman of embattled shopping centre owner Intu. According to Property…

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Landsec welcomes ‘encouraging’ return of footfall

Landsec has announced that its shopping centres, outlets and retail parks have welcomed “encouraging” levels of footfall since their reopening…

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