Latest property news – Page 239
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Oz tea retailer bags first UK store at Westfield London
Australian speciality tea retailer T2 is to take its first store in the UK at the Westfield London shopping centre in White City.
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Schuh completes refinancing
Schuh is understood to have completed a 36 million refinancing package, provided by the Bank of Scotland.
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Work on Ravenscraig’s second phase imminent
Work is about to begin on the second phase of Wilson Bowden Developments’ Ravenscraig redevelopment in Lanarkshire.
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Liverpool One lands trio of retailers
Gap, Build-A-Bear Workshop and WHSmith are among the latest retailers to sign to Grosvenor’s Liverpool One scheme.
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Victoria Square unveiled in Belfast
The 1 million sq ft (92,900 sq m) Victoria Square centre in Belfast opened its doors last week after nearly four years of construction, bringing with it 800,000 sq ft (74,320 sq m) of retail space.
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Original Factory sets sights on Irish stronghold
The Original Factory Shop is to embark on a substantial store opening programme in Northern Ireland.
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Austria’s Wolford pursues growth across the UK
Austrian luxury apparel retailer Wolford is to embark on an ambitious expansion programme across the UK and Ireland.
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Wickes on mission to double store empire
Travis Perkins-owned DIY chain Wickes has embarked on an ambitious expansion programme, with plans to double its store portfolio in the next seven years.
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Tesco takes axe to costs as cooling climate bites
Tesco has embarked on what is thought to be its most extensive round of cost-cutting for more than five years, as the UK retail sector faces a challenging year.
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Land Securities lines up second Corby venture
Developer Land Securities has submitted plans to build a mixed-use scheme in Corby, which would bring 330,185 sq ft (30,675 sq m) of retail space to the town.
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Eden to open doors in High Wycombe this week
Multiplex will open its 650,000 sq ft (60,385 sq m) Eden shopping centre this Thursday, anchored by House of Fraser and Marks & Spencer.
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Omega abandons its plans for Regent Street flagship
International watch brand Omega has pulled out of a deal to open its second UK store on Regent Street, after having been in talks about a site there since December.
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Liberty International in talks to become largest mall group
Property group Liberty International is in negotiations to merge with a major rival to become the world’s largest shopping mall group.
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Gerry Weber to open its second UK shop in Cambridge
German fashion and lifestyle retailer Gerry Weber is to open its first standalone store outside London and only its second in the UK at Grosvenor’s Grand Arcade development in Cambridge.
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Shopping centre footfall still in decline
Shopping centre visits fell 1.5 per cent in the 12 months to February 2008, with like-for-like sales consistently dropping year on year for the past seven months, according to a report by Experian.
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Wyevale edges closer to Dobbies with Northumberland acquisition
Garden centre group Wyevale has bought Heighley Gate Garden Centre, near Morpeth in Northumberland, as its extends its geographical reach.
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Irish fashion player A-Wear trawls sites as it plots a launch in Britain
Irish fashion chain A-wear has edged a step closer to opening stores in Britain by hiring a property agency to search for potential sites.
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Design kicks off at Leeds as architects drafted in
The Leeds Partnership, a joint venture between Hammerson and Town Centre Securities, has appointed six architects to enlist designers for its 1.5 million sq ft (140,000 sq m) retail-led scheme.
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Hobbs takes largest unit outside London
Fashion retailer Hobbs will open its largest store outside of London at the Milsom Place development in Bath.