Latest property news – Page 225
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Westfield retailers unite in outrage at service charges
The dispute over service charges at Westfield London has escalated as more retailers join the fight against the landlords’ demands.
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John Lewis expansion hit by development delays
John Lewis is being forced to scale back its expansion as many plans for new shopping centres are shelved by developers.
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New Look signs for London HQ
New Look has signed the lease on its London headquarters as it embarks on plans to become a significant player in the global fashion market.
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Borders to pull out of BAA airports
Borders UK has been forced to pull out of BAA airports after failing to agree new rental terms.
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International luxury trio to make UK debuts in London
Three international luxury labels are preparing to open their debut UK stores after signing for units at high-profile London locations.
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Top landlord Prupim offers monthly rent relief
Prupim, the property investment arm of Prudential, has become the first major landlord to offer its retailers the chance to pay rents monthly on existing leases without any financial penalties.
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NewsB&M Bargains and Home Bargains outline stores drives
Value retailers B M Bargains and Home Bargains are pushing ahead with ambitious expansion plans in a bid to cash in on shoppers’ thirst for bargains.
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Anthropologie reveals location of European stores
US fashion retailer Anthropologie has revealed the locations of its first two European stores.
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Landlords trial service charge reduction
Landlords British Land and Land Securities are trialling a reduction in service charge at two of their shopping centres in the north of England.
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West End scheme draws three retailers
Three retailers are to open their doors at Kingly Court off London’s Carnaby Street.
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Tesco eyes west London cinema for development
Tesco has submitted plans for a mixed-use scheme in Greenford, west London. The development would bring a 59,000 sq ft (5,500 sq m) Tesco and restore part of the listed building formerly occupied by a Granada cinema.
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Shopping centre openings propel city ranks
Major shopping centres that opened last year have led to unprecedented changes in the rankings of the UK’s top retail destination, according to a report released last week.
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NewsRiver Island founder Bernard Lewis: Don't rely on government to get retail through this downturn
Bernard Lewis, founder of River Island and one of the most revered names in British fashion, has lent his weight to Retail Week’s Backing UK Retail campaign and blasted the Government for not understanding the industry.
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Flurry of interest for Marks & Spencer stores
Marks & Spencer has received a flurry of interest from retailers wanting to take over the stores it has earmarked for disposal.
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Threshers considers 'hundreds' of store closures
The owner of Threshers is locked in talks with landlords about closing unprofitable stores.
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Strong trading pushes Matalan store expansion
Value fashion retailer Matalan is to expand its store portfolio following a strong Christmas trading period.
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Cath Kidston signs first Liverpool store
Cath Kidston is to open a store at Grosvenor’s Liverpool One. The clothing, homewares and furnishings retailer has signed for a 3,600 sq ft (335 sq m) unit.
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Factory outlet sales soar as shoppers hunt for bargains
Cash-strapped shoppers looking for discounts over Christmas flocked to the UK’s largest factory outlet centres, which experienced major increases in sales and footfall.
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NewsRaft of retailers snap up 300 Woolworths stores
Grocers, value retailers and fashion players are among those that have agreed deals to take on Woolworths stores.
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Sainsbury’s adds to convenience store portfolio
Sainsbury’s is to open a further five smaller-format stores by the end of March as part of its push into the convenience sector.