Latest property news – Page 5
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NewsNovember footfall sees ‘significant’ increase despite stormy weather
Retail footfall in November saw its greatest month on month increase since 2013 despite chaos from storm Bert.
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NewsWHSmith chief executive sees ‘exciting opportunities’ in American airports and UK hospitals
WHSmith chief executive Carl Cowling said he sees “exciting opportunities” for growth across North American airports and UK hospitals, following the retailer’s preliminary results for the year to August 31.
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NewsOctober footfall has declined as consumers remain cautious ahead of Black Friday spending
Retail footfall in October saw a small decrease due to factors including bad weather, a shift in school holidays and consumer caution ahead of the budget, according to MRI Software.
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NewsTurkish children’s retailer Ebebek to open its first ever UK store
Exclusive: Ebebek, the Turkish retailer specialising in baby, children and family products is opening its first-ever UK store in North London, Retail Week can reveal.
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NewsHolland & Barrett seeks to build travel store estate
Wellbeing specialist Holland & Barrett aims to extend its presence in travel hubs after the success of existing stores in such locations.
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NewsSelfridges’ property portfolio value plummeted last year
The value of luxury department store Selfridges’ property portfolio plummeted by more than half a billion pounds last year, according to reports.
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NewsWhite Stuff is opening its first airport store
White Stuff is taking its offer airside with its first airport store.
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NewsWaterstones starts new Oxford Street chapter with John Lewis opening
Bookseller Waterstones has opened a branch in John Lewis’ flagship store on London’s Oxford Street.
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NewsFrasers has acquired three new shopping centres as it looks to ‘reinvent’ UK retail
Frasers has acquired over 1 million sq ft of retail assets including Princesshay Shopping Centre in Exeter, Fremlin Walk Shopping Centre in Maidstone and The Olympus Centre in Quedgeley.
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NewsBritish Land has bought seven more retail parks in a £441m deal
Institutional landlord giant British Land has tapped up shareholders for £300m as it snaps up seven more retail parks.
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NewsSeptember footfall saw a decline driven by floods and low consumer confidence
Retail footfall in September declined as widespread flooding, children going back to school and falling consumer confidence affected traffic.
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NewsMorrisons has struck a property deal to shrink its debts
Morrisons has struck a multi-million-pound property deal with real estate investor Song Capital in a bid to shrink its debt pile.
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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.