All Property articles – Page 26
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News
Hammerson’s Grand Central acquisition cleared by CMA
The Competition and Markets Authority has cleared Hammerson’s £335m acquisition of Birmingham’s flagship Grand Central shopping centre.
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News
Intu H1 rental lfl income up 7.5%
Shopping centre landlord Intu has reported like-for-like net rental income increased by 7.5% in the six months to the end of June
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News
Q2 commercial property rents up 1%
Rents across prime UK commercial property increased by 1% in the second quarter
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News
Hammerson reports H1 dip in retail sales
Landlord Hammerson has reported retail sales down 0.8% across its shopping centre portfolio for the six months to 30 June, because of “subdued consumer confidence”.
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News
British Land CEO says Brexit likely to lead to ‘cautious approach’
British Land chief executive Chris Grigg has said the company has continued to see strong demand for retail leases since the EU referendum but has said he expects some occupiers and investors to “take a more cautious approach”.
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News
South African multiple operator secures first UK site
The new owners of a Bath restaurant have plans to create a champagne and whisky bar in the building.
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News
Poll shows pitfalls of selecting property agents
A snap poll of members of the Association of Valuers of Licensed Property (AVLP) has stressed that local knowledge is the most important quality in selecting an agent.
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News
NewRiver rebrands and secures new funding
NewRiver Retail has announced a rebrand and restructure to better fit its evolved operating model, which includes it c350-strong pub estate.
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News
Allied London plans new “urban oasis” in Manchester
Allied London has unveiled plans for a new urban oasis in Manchester’s Hardman Square, to be known as ‘The Field’
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News
Prime London sites acquired in £13.5m deal
A pair of central London-based pubs have been acquired for £13.5m by a private European investor from a client fund of TH Real Estate,
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News
L&G puts Wardour St property on market for £89.5m
Legal & General is looking to sell the freehold interest of 76-88 Wardour Street, in London’s Soho, for £89.5m.
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News
Brighton property housing Jamie’s sold for £17m
Strathclyde Pension Fund has acquired a mixed-use property in Brighton for £17m, in an off-market transaction
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News
StreetDots to expand across London
StreetDots has announced deals with three major land partners to expand its network of street-food “pitches” across London
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News
Hammerson completes £93m Thurrock scheme sale
Hammerson has exchanged contracts and completed the sale of Thurrock Shopping Park, Essex, to TH Real Estate for £93m
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NewsGK to bring seven freeholds to market
Greene King is to dispose of seven freehold sites across Suffolk, Cambridgeshire, Northamptonshire and Nottinghamshire
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News
BNP Paribas launches dedicated leisure team
BNP Paribas Real Estate has launched a new team dedicated to the leisure sector
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News
Trio depart Restaurant Property
A trio of property advisors has left leading property agency Restaurant Property
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News
Holloway joins Prezzo as group property director
Steve Holloway, former partnerships director at Costa UK & Ireland, has officially joined Prezzo this week as its new property director
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Analysis & Insight
Central London openings slowing
Central London is in danger of losing its status as the epicentre of eating out, the Market Growth Monitor has warned.
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Analysis & Insight
A different class?
A lack of quality sites for growth and expansion is sadly the restaurant industry’s Achilles heel. A shortage of supply, together with increasing rent and premiums, means that even those with ample funds and considerable appetite are finding it increasingly difficult to achieve returns for investors; and this problem is only likely to amplify as more operators join the bun fight, argues consultant Stephen Evans