Shopping Centres
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Sep- 2020 -22 September
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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18 September
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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Aug- 2020 -7 August
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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6 August
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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Jul- 2020 -30 July
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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17 July
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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10 July
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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3 July
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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Jun- 2020 -29 June
Investors push for Trafford Centre sale
A Canadian investor is reportedly pushing for the sale of Intu’s Trafford Centre following Intu’s collapse, the Sunday Times has…
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26 June
Intu collapses into administration
Intu has officially called in administrators, after weeks of speculation that the group was on the brink of collapse. The…
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