Latest property news – Page 20
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NewsDobbies launches first small-format urban store
Garden centre group Dobbies will open the doors to a new small-format store next month.
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NewsSky set to launch network of ‘social hub’ high street stores
Sky is opening a network of high street stores for the first time, with its first outlet set to launch in Liverpool next week despite local lockdown restrictions.
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NewsLiverpool footfall plummets to July levels in first week of Tier 3 restrictions
Footfall in Liverpool has plunged to levels last seen at the end of the national lockdown in the summer, in the week since it became the first city to be placed into the government’s highest tier of Covid-19 restrictions.
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NewsEdinburgh Woollen Mill to seek extended protection from creditors
Edinburgh Woollen Mill is likely to seek a 10-day extension of protection from creditors as the owners seek to save as much of the business as they can.
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NewsRetail footfall slumps as three-tier Covid restrictions take effect
The government’s three-tiered Covid restrictions have had an “immediate impact” on retail footfall across the UK after coming into force late last week.
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News‘Non-essential’ retail ordered to close in Welsh and Irish lockdowns
All ’non-essential retailers’ in Wales and the Republic of Ireland must close as a new Covid-19 lockdown comes into force.
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NewsStore closures hit record levels as 11,000 shut in first half of 2020
A record number of stores closed during the first half of 2020 as the coronavirus crisis hammered high streets, shopping centres and retail parks across the UK.
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NewsRetail ‘will remain open’ under strictest local lockdowns, PM says
Retailers will be allowed to continue trading even under the strictest local lockdown measures coming into force on Wednesday.
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NewsLondon mayor warns of ‘inevitable’ tighter restrictions across the capital
London mayor Sadiq Khan has said it is almost “inevitable” that the capital will face tightening restrictions from next week as Covid-19 cases continue to grow across the UK.
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NewsPoundland acquires Fultons Foods, ploughs £25m into grocery offer
Poundland has snapped up frozen food retailer Fulton Foods for an undisclosed sum and plans to invest £25m into its grocery offering over the next two years.
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NewsBritish Land hails ‘encouraging’ rent collections for September
Property giant British Land has reported “encouraging” rent collections for September as tenants begin to recover from the impacts of the coronavirus pandemic.
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NewsFootfall increase slowed by rule of six and 10pm curfew
Retail footfall across the UK slumped over the last five weeks as the government’s new restrictions on hospitality took their toll.
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NewsDecathlon plans more UK stores as sales climb
Sporting goods giant Decathlon has reported a rise in annual sales in the UK and plans to open more stores here this year and next.
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NewsWagamama owner The Restaurant Group swings to loss
The owner of high street restaurant chains Wagamama and Frankie & Benny’s has swung to a half-year loss after being “severely impacted” by the coronavirus crisis.
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NewsWarehouse rentals soar as ecommerce continues rapid growth
A record amount of warehouse space was let in the last three months as multichannel and online retailers sought to expand capacity to meet growing ecommerce demand.
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NewsScrapping tax-free shopping for tourists will hit luxury sector
Chancellor Rishi Sunak has announced that the tax-free shopping scheme for non-EU tourists will come to and end on December 31.
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NewsLandlords mull legal action against retailers as rent slumps to new lows
Landlords are considering taking action against “well capitalised” retail businesses refusing to pay rents under the cover of the government’s moratorium, as takings for yesterday’s September quarterly rent day slid to just 12.7%.
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NewsHammerson poaches new chief executive from Canadian real estate group
Institutional landlord Hammerson has announced the appointment of Rita-Rose Gagné as its new chief executive, taking over from David Atkins.
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NewsRevo chief executive warns of £2bn retail rent blackhole
Revo’s chief executive has warned of the consequences of retailers not paying rents, saying landlords are facing a £2bn arrears blackhole that will have knock-on effects across the industry.
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NewsIntu Milton Keynes taken over by Ellandi
Property group Ellandi has been appointed asset manager for Intu’s Milton Keynes shopping centre.