Latest property news – Page 223
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Armani shelves Nottingham store after planning refusal
Armani’s plan to open a store in Nottingham has been thwarted after the council refused its application to alter the building earmarked for its debut.
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New West End Company calls for end to West End bus congestion
New West End Company chair Dame Judith Mayhew Jonas has called on London Mayor Boris Johnson to reduce congestion on Oxford Street and Regent Street.
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Trinity Walk on hold as bank pulls financing
The Trinity Walk development in Wakefield has ground to a halt after the bank backing the scheme pulled its funding.
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NewsNetto and Iceland join forces to develop stores
Value supermarket retailer Netto has teamed up with Iceland to develop a series of schemes on which both companies will trade from adjacent stores.
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Bury St Edmunds Arc centre opens
Retail-led mixed-use scheme Arc opened its doors at Bury St Edmunds in Suffolk last week.
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Charles Tyrwhitt adds three London stores
Formal shirt retailer Charles Tyrwhitt is to relocate its store on Jermyn Street in London’s West End as part of a series of property deals in the capital.
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Alistair Darling: no climbdown on April business rates hike
Chancellor Alistair Darling has refused to back down over the 5 per cent increase in business rates that is due to hit next month, but left the door open for future changes to make the system fairer after the 2010 revaluation.
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NewsUS luxury brand Michael Kors picks West End for UK debut
US luxury retailer Michael Kors is set to make its UK debut after signing for a store in London’s West End.
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Rivals up in arms over Tesco planning victory
Rival grocers have hit out against the Competition Appeal Tribunal’s ruling in favour of Tesco in its appeal against the proposed planning system competition test
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Interest rate cut to 0.5%
The Bank of England has cut the interest rate to a record low of 0.5 per cent.
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MFI leases cost Galiform £100m
The MFI leases that reverted back to former parent company Galiform when the furniture retailer collapsed last year have cost it nearly 100m.
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Tesco wins competition test appeal
Tesco has won its appeal against the competition test in the planning system.
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NewsBest Buy postpones UK launch
US electricals giant Best Buy has postponed the launch of UK operations.
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Zara signs for store in Aberdeen's Union Square
Zara has signed for a store at Hammerson’s Union Square development in Aberdeen.
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St James plans in Edinburgh get green light
Plans to redevelop the St James shopping centre in Edinburgh have been given the go-ahead.
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Animal pounces on raft of shops
Outdoor fashion retailer Animal has signed for three stores, kick-starting plans to expand its UK presence this year.
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Retail administrations drive high street voids as high as 15%
Average retail voids have reached 11.2 per cent and are as high as 15 per cent in the worst hit areas, according to a report by property agent Cushman & Wakefield.
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House of Fraser mulls fate of old Beatties stores
House of Fraser is understood to be considering options, including disposals, for the Beatties stores it acquired in 2005.
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'Son of Zavvi' will only be taking short leases
Head, the entertainment retailer launched by the former boss of defunct Zavvi, has only taken short-term leases on stores bought from the administrator, raising questions over its long-term plans.
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Jeweller Damiani lines up UK debut in capital
Luxury Italian jewellery retailer Damiani is set to make its debut in the UK with a West End store.