Latest property news – Page 229
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Zavvi landlord seeks new tenant for Piccadilly store
Standard Life Investments is seeking a new tenant to replace Zavvi at its famous building at 1 Piccadilly in London.
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Westfield London in UK top 10 retail destinations from day one
After today's opening, Westfield London is already ranked among the UK’s top 10 retail destinations in CACI’s annual Centre Futures league tables.
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Westfield London: M&S’s Sir Stuart Rose calls for Oxford Street to raise its game
Marks & Spencer executive chairman Sir Stuart Rose has called upon Oxford Street to raise its game at the opening of Westfield London this morning.
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Westfield London opens its doors
Thousands have turned out for the long-awaited launch of Westfield London, which opened its doors at 9am this morning.
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Sweden’s Clas Ohlson on track for UK launch
Scandinavian DIY and electricals retailer Clas Ohlson is pressing ahead with its launch in the UK despite the widespread problems the sector is facing.
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More retailers slam empty property tax
The Government has been hit by another wave of criticism over empty property rates, with big-name retailers ramping up the debate against changes brought in this year.
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Gap to launch Factory stores in Canada
US fashion retailer Gap has expanded its outlet business into Canada for the first time, in an effort to reach value-conscious customers in a new market.
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Hollister’s house takes shape at Westfield London
US fashion retailer Abercrombie & Fitch will unveil a Casa Mexicana-style store for its Hollister brand at Westfield London next Thursday.
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Harvey Nichols eyes Westfield Nottingham
Harvey Nichols is understood to have entered into negotiations to take an anchor store in the redeveloped Broadmarsh centre in Nottingham.
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NewsAnthropologie homes in on West End debut
Urban Outfitters’ sister brand Anthropologie is reported to be close to signing its first UK store in the former Wedgwood shop on London’s Regent Street.
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Retailers win key victory on rents
Smaller retailers have won a key concession in the battle to secure monthly rental payments.
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Lancaster gets green light for £150m city centre scheme
Centros has been given the nod to develop a 150 million mixed use scheme in Lancaster city centre.
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M&S to axe roles after capital expenditure cuts
Marks & Spencer is to axe dozens of jobs after deciding to scale back its store expansion and refurbishment plans.
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Aldi and Travelodge to open on joint premises
Aldi and Travelodge have joined forces to launch hybrid supermarket-hotel developments to serve cost conscious consumers in the downturn.
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String of up-for-sale MFI stores set to shut
Some of the 81 MFI stores placed into administration last week are to close because no purchasers have been identified.
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Carphone Warehouse to launch new format at Westfield London
Carphone Warehouse this week revealed plans for a new-format store dubbed internally “Wireless World”, offering new product ranges such as games and digital TV content.
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Livingston shopping centre to reveal Elements Square extension
The 130 million extension to the Almondvale shopping centre at Livingston in Scotland is set to open on Thursday.
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Habitat axes more stores to staunch losses
Furniture retailer Habitat is continuing with a programme of store closures as part of its plans to revive its fortunes.
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Landlords believe switch to monthly rents is inevitable
Landlords increasingly believe they will have to cave in to retailers’ demands to pay rent monthly rather than quarterly, as a study this week revealed the landlords’ weakening position in the difficult economic climate.

















