Latest property news – Page 246
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Mandela opens giant mall in South Africa
Former South African president Nelson Mandela presided over the opening of the largest shopping centre in the southern hemisphere in Soweto, South Africa, last week. An excited crowd welcomed Mandela, 89, back to the Johannesburg township where he once lived.
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Sainsbury's plans head office move to King's Cross
Supermarket Sainsbury’s is to relocate its headquarters from its central London location in Holborn to King’s Cross.
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Trio land stores in Birmingham Beatties rework
New Look, Mothercare and JJB Sports will open stores in the former Beatties department store in Birmingham following the redevelopment of the building.
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Peterborough Westgate to get a mixed-use makeover
Hammerson and Morley have submitted a planning application to Peterborough City Council for a mixed-use scheme in the North Westgate area of Peterborough city centre.
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Zara signs up to anchor Dublin Pavilions centre
Spanish fashion outfit Zara is to anchor the second phase of Chartered Land’s The Pavilions shopping centre in Swords, County Dublin. Zara will take a 15,070 sq ft(1,400 sq m) store across two levels. The retailer will be joined in the 64,585 sq ft (6,000 sq m) extension by brands ...
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Exeter scheme opens almost fully let
Land Securities opened its Princesshay scheme in Exeter last week with about 95 per cent of units let. The 530,000 sq ft (49,235 sq m) development is anchored by Debenhams and Next and has pulled in many new retailers to the city, including All Saints, Apple, Coast, Crew, Cult, Faith, ...
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Ethical jeweller’s launch in West End store
Ethical jeweller Ingle & Rhode opened its first store and transactional web site this week, as it campaigns to reduce the conflict in the jewellery industry. Ingle & Rhode has opened at 211 Piccadilly in the West End and also trades directly through its web site. It sells an in-house ...
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H and M to expand east Oxford Street store
Fashion retailer H&M is to extend its branch at the eastern end of London’s Oxford Street to create a 25,000 sq ft (2,325 sq m) flagship store. H&M will extend into the unit next door to its 174 Oxford Street store, which houses temporary fashion shop Surprise Surprise at ...
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Retailers back £34m West End revamp plan
The West End of London is set to receive a cash injection of£34 million over the next five years to help reduce congestion, improve signage and push forward the Mayor’s proposals for a new transit network on Oxford Street. This week, the New West End Company revealed its business plan ...
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Robotham makes exit at Borders as sale of its UK arm approaches
Property chief moves on as UK business puts expansion on hold
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Raft of fashion retailers join Bullring
Armani Exchange, DKNY Jeans, Tommy Hilfiger, Kurt Geiger and Ben Sherman join iconic scheme
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Dumfries retail development to lead town revival
Urban regeneration company Centros Miller has joined forces with Dumfries and Galloway Council in Scotland to develop a retail-led scheme in Dumfries town centre. Proposals for the 3.7 acre (1.5ha) site are at an early stage, but the scheme could measure up to about 200,000 sq ft (18,580 sq m). ...
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Retailers clamour for larger units at High Wycombe’s Eden scheme
A raft of retailers have signed to the Eden development at High Wycombe in Buckinghamshire, taking the scheme to about 90 per cent-let by floorspace. Fashion retailers Zara, Bershka, Topshop, Next, River Island and H&M are all taking large-format stores at the development, which will absorb the existing Octagon centre. ...
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Saviour of Carnaby Street to build new West End quarter
Developer Shaftesbury has been given the green light to transform 2 acres (0.8ha) of derelict buildings close to London’s Leicester Square with a retail and restaurant scheme. Shaftesbury – the company behind the regeneration of London’s Carnaby Street and Seven Dials – has dubbed the scheme Longmartin. It is situated ...
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Champneys builds high street presence with Enfield signing
Upmarket health and beauty resort operatorpicks Palace Exchange for second high street shop