Latest property news – Page 265
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Walsall centre is sold
Dawnay Day has sold the Old Square Shopping Centre at Walsall, West Midlands, to Threadneedle Investments for 30 million, reflecting a net initial yield of 7 per cent. At 154,500 sq ft (14,355 sq m), the scheme is anchored by Debenhams and Tesco. Key tenants include Superdrug, Clinton Cards, ...
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Three retailers sign pre-lets at Crawley Pavilion
Crest Nicholson Developments has agreed three pre-lets at The Pavilion, its 36,000 sq ft (3,345 sq m) retail development at Queen's Square, Crawley, West Sussex.
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BRC opens new front in war on upward-only rent
The BRC has stepped up the pressure on Chancellor Gordon Brown to legislate to ban upward-only rent reviews.
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Rates help doesn't have to be taxing
This month sees the publication of the draft valuation lists for the 2005 Uniform Business Rate (UBR) revaluation.
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Why retail and leisure still make the perfect Mills mix
The Mills Corporation pioneered the combination of retail and leisure in the US with large-scale malls, typically about 1.5 million sq ft (139,350 sq m), with up to 40 per cent of the floorspace given over to leisure uses.
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Brompton aims to rebrand area as retail Quarter
Brompton Estates, which took a large slice of Brompton Road in west London from the Wellcome Trust in October last year, has launched its strategy to turn the area into a retail destination. It aims to rebrand the area Brompton Quarter.
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Longwater park in Norwich sold to Royal London
Legal & General Life Fund has sold the Longwater Retail Park in Norwich to Royal London Asset Management for 28.5 million, reflecting a net initial yield of 6 per cent.
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Thornfield to provide facelift for Thornaby town on Teesside
Thornfield Properties has been awarded full planning consent for the 20 million regeneration of Thornaby town centre on Teesside.
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Agora to merge two top centres at Birkenhead
Warner Estate and Bank of Scotland's Agora Shopping Centre Fund has paid Performance Shopping Centres Limited Partnership 85 million for Merseyside's Grange Shopping Centre at Birkenhead.
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Spitalfields revamp on track to open next year
Hammerson has launched the marketing campaign for its newest central London retail scheme, at Bishop's Square in Spitalfields, London.
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Dawn signs up five for Dundee's Arnotts
Five retailers have signed pre-lets for the Dawn Group's 20 million redevelopment of the former Arnotts store in Dundee.