Latest News: commercial property
December 22, 2021 8:10 am
Published by Angela Beevers
Landsec has completed the acquisition of an additional 25% stake in Bluewater from Lendlease Retail Partnership for £172 million. In a separate deal, Landsec will sell 25%... View Article
December 15, 2021 11:31 am
Published by Angela Beevers
Private equity firm Henderson Park has acquired Glasgow’s Silverburn shopping centre from a joint venture between Hammerson and Canada Pension Plan Investment Board in a £140... View Article
October 26, 2021 11:41 am
Published by Angela Beevers
Ingka Investments is to acquire the former Topshop store at London’s Oxford Circus for a purchase price of £378 million. The investment arm of the company... View Article
October 21, 2021 8:08 am
Published by Angela Beevers
Travis Perkins has promoted Nick Pinney to the position of property director. Due to take up his role from 1 November, he will succeed Martin Meech... View Article
October 1, 2021 6:05 am
Published by Angela Beevers
Briscombe Retail Park in Wales has been sold to a local private property company for £1.35 million. Acting on behalf of VCD Asset Management, Savills sold... View Article
April 22, 2021 7:29 am
Published by Angela Beevers
Shopping centre owner Hammerson has agreed to sell its portfolio of seven retail parks to Brookfield for £330 million. The company said the proceeds will be... View Article
March 10, 2021 7:10 am
Published by Angela Beevers
M&S has unveiled plans to reduce the retail space at its store at London’s Marble Arch and create office space on the upper floors of the... View Article
August 27, 2020 5:34 am
Published by Angela Beevers
Fashion retailer New Look has asked landlords to switch rents to a turnover based model on 402 stores as part of a newly launched company voluntary arrangement proposal. If... View Article
August 18, 2020 2:06 pm
Published by Angela Beevers
Administrators for Laura Ashley have drafted in property advisors to market the failed fashion and homeware retailer’s manufacturing and distribution facilities. PwC have appointed Avison Young... View Article