Shopping Centres

New £90m north-east retail development secures 23 brands

Plans to build a new £90m outlet shopping and leisure destination in the North of England have been unveiled, along…

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Hammerson profits sink to £534m in full year results

Retail landlord Hammerson has reported its losses have widened to a pre-tax loss of £537.8m in the year to 31…

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Hammerson offloads seven retail parks to Orion in £400m deal

Hammerson has announced it has agreed a deal to offload a portfolio of seven retail parks to Orion European Real…

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Intu continues disposals by offloading Spanish shopping centre

Shopping centre owner Intu has offloaded its  second Spanish shopping centre as it attempts to fix its balance sheet. The…

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Westfield named best shopping centre in the UK

Westfield London and Westfield Stratford has been named the best shopping centres in the UK, for the second year running. …

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Intu drafts in PwC advisers

Intu properties has appointed PwC advisers to help the restructuring of its balance sheet. According to Sky News, the shopping…

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Intu sells Sprucefield Retail Park in £40m deal to NewRiver

Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in…

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Hammerson reaches £577m of disposals with £54m St Oswald’s sale

Hammerson has exchanged contracts on the sale of St Oswald’s Retail Park, Gloucester, to a local authority for £54m, taking…

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Brexit woes and wet weather dampen October footfall

Retail footfall faced further decline in the month of October, according to new figures from the BRC-Springboard Footfall and Vacancies…

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Sales and footfall up at Westfield’s UK centres

The owner of the Westfield shopping centres, Unibail-Rodamco (URM), has reported a 5.2% increase in tenant sales at its UK…

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