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Intu agrees refinancing conditional on a £1.3bn equity raise

Wed, 26 Feb 2020 12:15 GMT

Intu has agreed terms for an amendment and extension of one of its loans that is conditional on it raising £1.3bn of equity.

Moda reveals plans for 722 BTR project in Birmingham’s city centre

Wed, 26 Feb 2020 15:55 GMT

Build-to-rent developer Moda Living has revealed its plans to build 722 new homes in Birmingham’s central Great Charles Street neighbourhood.

Sportswear brand Castore signs second site at Liverpool ONE

Wed, 26 Feb 2020 13:59 GMT

Grosvenor Europe has signed British sportswear brand Castore at Liverpool ONE, which will be the retailer’s first store outside of London.

Hammerson set to slash 2020 dividend as NAV plunges

Tue, 25 Feb 2020 07:54 GMT

Hammerson shareholders are set to suffer a sharp dividend cut this year, as the retail landlord revealed it is to rebase the payout “to a sustainable level”.

Ted Baker to sell its London HQ

Tue, 25 Feb 2020 09:19 GMT

Struggling fashion retailer Ted Baker is selling its Ugly Brown Building HQ in London, in an attempt to strengthen its balance sheet amid its accounting crisis.

Cornish retailer Seasalt gears up for stateside expansion

Mon, 24 Feb 2020 10:51 GMT

Cornish fashion brand Seasalt is gearing up for stateside expansion after signing deals with 150 independent fashion boutiques in America.

The Restaurant Group set to announce site closures

Mon, 24 Feb 2020 10:39 GMT

The Restaurant Group is set to announce site closures of it underperforming restaurant sites.

Watches of Switzerland expands Knightsbridge store

Mon, 24 Feb 2020 13:42 GMT

Watches of Switzerland is to expand its presence on The Knightsbridge Estate by adding 53 Brompton Road to their existing store.

Laura Ashley posts pre-tax loss of £4m

Mon, 24 Feb 2020 10:43 GMT

Struggling retailer Laura Ashley has reported a pre-tax loss of £4m in the second half of 2019, as it reaches a temporary funding deal with its main shareholder and leading creditor.

Hammerson completes £455m of retail park sales

Fri, 21 Feb 2020 09:02 GMT

Hammerson has struck the largest retail park sale in a decade with the sale of a portfolio of seven retail parks to Orion Real Estate Fund V for £400m.