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

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.

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

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

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

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