Latest news

News

Resi developer bags former Matalan in Stevenage

Wed, 24 Apr 2019 23:00 GMT

A former Matalan store in Stevenage has been snapped up by a housing developer for a 500-home scheme.

RDI agrees ‘standstill’ with Aviva after breaching lending covenants

Wed, 24 Apr 2019 07:13 GMT

RDI REIT, which saw off a potential bid from Australian investment giant Cromwell Property Group, has agreed a standstill agreement with lender Aviva after breaching covenants on four of its shopping centres.

RICS Commercial Survey highlights Brexit's market impact

Wed, 24 Apr 2019 23:00 GMT

Brexit continued to handicap the UK commercial property market in the first quarter of this year, with overseas investment demand in decline and more businesses expecting to see firms relocating because of it.

Edinburgh St James makes four retail pre-lets

Wed, 24 Apr 2019 16:55 GMT

Edinburgh St James has pre-let four retail units to Inditex brands at its 1.7m sq ft mixed-use development in the Scottish capital.

Hastings Borough Council buys town centre building to rejuvenate area

Wed, 24 Apr 2019 14:33 GMT

Hastings Borough Council has bought a 40,000 sq ft office building in the centre of the town from the University of Brighton.

UBS warns top REITs are heavily exposed to failing retailers

Wed, 24 Apr 2019 12:19 GMT

About 20% of the floor space in the 50 shopping centres owned by Landsec, British Land, Hammerson and intu is let to retailers that are shrinking or have entered administration or company voluntary arrangements (CVAs) in recent years, according to research by analysts at UBS.

Landsec to install electric vehicle charging in all retail and leisure outlets

Wed, 24 Apr 2019 12:14 GMT

Landsec has pledged to install electric vehicle charging infrastructure in all of its retail and leisure outlets as part of its commitment to tackling climate change.

Supermarket Income REIT buys Tesco in Mansfield

Wed, 24 Apr 2019 07:37 GMT

Supermarket Income REIT has paid the Charities Property Fund (CPF) £45m for a Tesco Extra supermarket in Mansfield, Nottinghamshire.

Plans submitted to turn Altrincham's former House of Fraser into mixed-use scheme

Tue, 23 Apr 2019 11:12 GMT

The owner of Altrincham’s former House of Fraser store has submitted plans to transform it into a new mixed-use scheme.

British Land sells Sainsbury stores for £429m

Tue, 23 Apr 2019 06:52 GMT

British Land has sold 12 superstores from its joint venture with Sainsbury’s to San Diego-based Realty Income Corporation for £429m.