Latest property news – Page 233
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A demanding autumn line-up
Most years, next week’s opening of Leicester’s Highcross Quarter development would be the biggest shopping centre event of the year.
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35 retailers back Green’s letter to landlords
Sir Philip Green has written to some of the UK’s biggest landlords on behalf of 35 retail groups in an attempt to bring key aspects of how retail property is leased into the modern era.
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Westfield London 96 per cent let as luxury brands sign
Westfield London has revealed its White City development is 96 per cent let, 10 weeks before it is due to open on October 30.
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BPF president warns of rent reform dangers
Small retailers could face greater demands for rental deposits if there was a widespread move to monthly rent payments, one of the most powerful figures in retail property warned this week.
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Bristol's Cabot Circus adds fashion tenants
Bristol's 500 million Cabot Circus development has secured a raft of new lettings a month ahead of its long-awaited opening.
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Mountain Warehouse in Scottish expansion drive
Outdoor specialist Mountain Warehouse has embarked on a Scottish expansion spree.
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Victorinox to unveil Bond Street flagship
Luxury Swiss brand Victorinox is to open its European flagship store on London's Bond Street.
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Aldi becomes latest BRC member
German discount giant Aldi is the latest retailer to become a member of the British Retail Consortium (BRC).
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BRC urges Chancellor to ease retail pressure
The British Retail Consortium has today written to Chancellor Alistair Darling urging him to reduce retailers’ price pressures to restore consumer confidence.
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Charles Tyrwhitt takes four shops
Menswear retailer Charles Tyrwhitt has continued its aggressive expansion in the UK by signing four more stores.
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Tesco lines up property deals worth £500m
Tesco is seeking to continue its sale-and-leaseback programme with a wave of deals that could be worth 500 million to the retailer.
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Kurt Geiger snaps up space at Bluewater
Luxury footwear retailer Kurt Geiger has signed for a store at Bluewater.
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Tough times for British Land
British Land today reported a fall in underlying first quarter profits but that rents on its retail portfolio are still rising.
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Hammerson suffers £421m loss
Property giant Hammerson has reported a loss of 421 million in the six months to June.
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NewsHollister close to signing for its next three units
US fashion brand Hollister is understood to be closing in on its next three stores in the UK as part of a first-phase roll-out.
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Bitter blow for Oxford as Westgate scheme delayed
Liberty International’s decision to reconsider its Westgate development will hold Oxford back from climbing up the rankings of the UK’s best shopping destinations, according to research organisation CACI.
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Co-op to sell 107 Somerfield stores
The Co-operative Group is understood to have appointed Credit Suisse to manage the sale process of 107 Somerfield stores.
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BRC ups the ante as rent battle hots up
The British Retail Consortium has thrown down the gauntlet to landlords by demanding that retailers should be able to switch to monthly rent payments on existing leases, not just new ones.
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B&Q property chief lambasts landlords for being ‘unrealistic’
B&Q property director Terry Hartwell has slammed landlords for failing to respond to retailers’ needs and said that it will be on their heads if more companies go bust before the year is out.
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Derbyshire town gets the nod for £20m scheme
An application to develop the Hepworth Retail and Leisure Park in Swadlincote, Derbyshire, has been given the go-ahead by the local council.