Latest property news – Page 236
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Belfast’s Connswater to get £6m overhaul
Irish developer Killultagh Estates is to invest 6 million in the refurbishment of the Conns-water shopping centre to the east of Belfast.
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M&S to anchor southeast Irish scheme
Marks & Spencer is to open its first store in the southeast of Ireland at the Showgrounds Shopping Centre in Clonmel Town.
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Tesco under fire for planning application
Tesco is under fire after it was revealed that it used a local retailer to front a planning application for a development in Barnstaple, Devon.
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Tom Tailor signs first UK company-owned store
German fashion retailer Tom Tailor has taken its first company-owned store in the UK and Ireland at the Junction One International Outlet shopping centre in Antrim.
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Asda plans mixed-use Barnet development
Supermarket retailer Asda is preparing to submit plans for a 100 million regeneration of the former Transco site at New Barnet in Hertfordshire.
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Land Securities gets the nod for Liverpool redevelopment
Land Securities has been granted planning permission for a 100 million redevelopment of the St John’s centre in Liverpool.
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Liverpool One notches up 1m visits
Since opening just over two weeks ago, Grosvenor’s Liverpool One shopping centre has chalked up over a million visits, according to the developer.
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Retail rents sink to lowest since 1990s
Retail rents have fallen to their lowest level since the mid-1990s and can be expected to decline for a further three years, according to a report published by property consultancy Colliers CRE.
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High petrol cost hitting out-of-town, says Rose
The rising cost of fuel is benefiting the high street at the expense of out-of-town retail parks, said Marks & Spencer chief executive Sir Stuart Rose.
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More delays hit Geographic’s debut in London
National Geographic’s plans to open its first European store have been hit by further delays because of spiralling costs.
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Tailor Turnbull & Asser heads for City of London scheme
Hammerson has signed West End tailor Turnbull & Asser to its development at 125 Old Broad Street in the City of London.
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Italy’s Geox embarks on UK growth assault
Italian footwear giant Geox has kick-started ambitious UK expansion plans.
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Wal-Mart sells property firm Gazeley
Wal-Mart is to sell Gazeley, the property development subsidiary of Asda, to Dubai World company Economic Zones World.
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The Rock set to be star of Bury town centre
Construction is underway on a 350 million regeneration scheme in Bury town centre.
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Tiffany and Mulberry sign for Westfield luxury zone
Westfield has signed two new retailers to the luxury area of its west London development.
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Retail-led Rotherham regeneration revealed
Liverpool-based developer Iliad has revealed plans to regenerate the town centre of Rotherham in South Yorkshire.
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Crunch helps retailers improve lease terms
Retailers are using the downturn to take advantage of driving better terms from their landlords, according to research from the CBI and property agent GVA Grimley.
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Morrisons to exploit surplus space for non-food retailers
Morrisons has become the latest of the big supermarkets to exploit its property portfolio with plans for non-food retail developments on parts of its sites.
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Wilkinson to open first store in Scotland
Value retailer Wilkinson is to take its discount offer north of the border with the opening of its first store in Scotland this autumn.