Latest news


Arcadia CVA approved

Wed, 12 Jun 2019 16:08 GMT

Arcadia Group’s seven company voluntary arrangements (CVAs) have been passed.

Hammerson sets out plans for huge Birmingham shopping centre site

Wed, 12 Jun 2019 11:55 GMT

Hammerson has set out its plans for the Martineau Galleries shopping centre site in Birmingham city centre, which has been earmarked for redevelopment for more than a decade.

Lidl unveils £500m expansion plans for London

Wed, 12 Jun 2019 09:53 GMT

Lidl has said it will invest £500m in new stores, warehouses and offices in London over the next five years, including opening a store on Tottenham Court Road.

Sports Direct lodges legal challenge to Debenhams CVA

Tue, 11 Jun 2019 16:07 GMT

Mike Ashley’s Sports Direct, and other parties, have lodged a legal challenge to the Debenhams company voluntary arrangements (CVA).

Select CVA approved

Tue, 11 Jun 2019 15:48 GMT

High street fashion retailer Select has had its CVA approved.

Arcadia Live: Rescue plan on a knife-edge as Arcadia lobbies landlords

Tue, 11 Jun 2019 10:09 GMT

INTU voting against rescue deals. Aviva, British Land and Hammerson voting in favour. LANDSEC’S position remains unknown, but its vote is now crucial to Arcadia’s survival. MEETING set to take place today at midday at 200 Aldersgate, near St Paul’s.

Intu to vote against Green's revised rescue deal for Arcadia

Tue, 11 Jun 2019 09:08 GMT

Intu will, again, vote against Sir Philip Green’s rescue plans for his troubled Arcadia group, sources close to the retail landlord have told Property Week.

Hines acquires John Lewis DC as it raises €141m for fund

Sun, 09 Jun 2019 23:01 GMT

Hines has acquired an 85,000 sq ft logistics centre in Enfield, London on behalf of Hines Pan-European Core Fund.

Green sweetens deal for landlords in bid for CVA approval

Fri, 07 Jun 2019 12:36 GMT

Sir Philip Green is set to make a series of concessions to landlords in a bid to get his Arcadia cost-cutting measures voted through, Property Week can reveal.

Monsoon delays CVA following Arcadia postponement

Fri, 07 Jun 2019 08:46 GMT

The owner of womenswear retailer Monsoon has delayed plans to launch a CVA after seeing Philip Green struggle to secure backing for his Arcadia restructure earlier in the week.