Latest property news – Page 5
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NewsWHSmith has revealed a new tranche of Toys R Us locations ahead of Christmas
WHSmith is set to extend its tie-up with Toys R Us into more stores in time for retail’s peak trading period.
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NewsLandlord Hammerson has sold its Bicester Village stake for £1.5bn
Hammerson has completed the £1.5bn sale of its joint venture in Bicester Village to a newly created private equity firm.
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NewsExperiential high streets and social media are set to drive footfall over golden quarter
Experiential high streets and social media are set to drive retail footfall over peak season, according to MRI Software’s outlook shared exclusively with Retail Week.
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NewsBattersea Power Station has recorded a leap in summer footfall
Battersea Power Station has recorded its “strongest summer to date” as footfall increased due to new brands, events, installations and pop-ups.
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NewsFrasers has acquired a Lancaster shopping centre as it continues to expand its portfolio
Frasers Group has acquired St Nicholas Arcade in Lancaster, further adding to its expanding shopping centre portfolio in the UK.
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NewsIkea is piloting ‘next generation’ lockers in a tie-up with Tesco
Home goods and furniture giant Ikea has launched a trial of “next generation” lockers in Tesco stores.
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NewsWHSmith has delivered strong growth in travel driven by the peak summer season
WHSmith has recorded a rise in revenue, mainly driven by travel sales during the peak summer period and new ranges.
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NewsEG Group has increased its profits after strong performances in the US and Europe
EG Group reported growth in profit and sales driven by strong performance in the US and Europe in the three months ending June 30, 2024.
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NewsJohn Lewis reveals plans to turn former warehouse into homes for rent
The John Lewis Partnership (JLP) has submitted plans to turn a former distribution centre in Reading into rental housing.
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NewsDobbies likely to seek rent cuts as restructuring advisers drafted in
Garden centre group Dobbies is working on restructuring proposals that may lead to store closures and rent reductions.
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NewsAugust retail footfall has seen a ‘marginal’ rise despite summer holidays and UK riots
Retail footfall in August saw a “marginal” uplift in a month that usually sees shoppers on summer getaways.
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NewsLandsec is transforming a former Debenhams unit into an outdoor park
Institutional landlord Landsec has submitted plans to invest £17m to transform a former Debenhams unit into an outdoor space at St David’s shopping centre in Cardiff.
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NewsSosandar agrees a deal for a Metrocentre store
Fashion brand Sosandar has reached an agreement to take a store at the Metrocentre which will be open in time for the key festive trading period.
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NewsWHSmith unveils its new Smith’s Kitchen format to take a bite out of the food-to-go market
WHSmith has today launched its brand new Smith’s Kitchen store format from its UK travel business.
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NewsAn indoor adventure park is to open in a former John Lewis store
A specialist leisure business to take space formerly occupied by department store group John Lewis.
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NewsBoohoo is mulling the sale of its London office
Fast-fashion giant Boohoo is reportedly eyeing a sale of its London office.
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NewsSephora has revealed the location for its seventh store in the UK
French cosmetics giant Sephora is expanding deeper into the UK and has announced its seventh store is due to open this winter.
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NewsBritish Land taps into ‘significant growth market’ with first ever healthcare leases
British Land has leased over 10,000 sq ft of space to healthcare providers for the first time at its Crownpoint Retail Park in Greater Manchester, Retail Week can reveal.
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NewsJohn Lewis has won support for build-to-rent housing scheme
John Lewis Partnership has won approval for a build-to-rent housing scheme, which had previously stoked controversy.
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NewsHammerson has posted growth in rental income and ‘capability’ in wake of Bicester Village sale
Hammerson, which owns and operates shopping centres including Birmingham’s Bullring and London’s Brent Cross, has posted a rise in rental income and “increased capacity and capability” after selling its £1.5bn stake in Bicester Village.