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Tag : property

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  • Jigsaw westfield

    Retailers take action on propertySubscription

    News15 January 2020

    Retailers are seizing the opportunity to take “decisive action” on their property portfolios in 2020, say experts, as restructurings and company voluntary arrangements continue to put downward pressure on rents.

  • Topshop store

    Arcadia at a Christmas crossroads Subscription

    News11 December 2019

    As Topshop CEO Paul Price resigns, and ahead of a slew of lease breaks and the Christmas deadline for the £310m loan repayment on its Topshop London flagship, the future of Arcadia Group looks as uncertain as ever 

  • brentx sc n82

    Clampdown on councils buying shopping centresSubscription

    News25 November 2019

    The Treasury is reported to be making it harder for local authorities to buy struggling retail properties, as concerns rise that the investments could bankrupt local councils.

  • Screenshot 2019 11 25 at 07.55.16

    Intu offloads Northern Irish retail park Subscription

    News25 November 2019

    Property company Intu has announced the sale of Sprucefield Retail Park in Northern Ireland for £40m.

  • Trinity leeds jan

    Landsec swings into a lossSubscription

    News13 November 2019

    Landsec, owner of shopping centres including Trinity Leeds and Portsmouth’s Gunwharf Quays, has announced a loss before tax of £147m for the six months to 30 September 2019. 

  • 014jd fascianew

    What is IFRS 16 and how does it affect retailers?Subscription

    Features23 September 2019

    The new property leasing standard has left retailers running the rule over their balance sheets and landlords facing shorter lease demands. 

  • River island

    Retailers demand rent cuts on 500 storesSubscription

    News14 August 2019

    High street retailers River Island, Jack Wills and Schuh are pushing landlords to cut their store rents as tough trading and competitor company voluntary arrangements pile on the pressure.

  • Jack wills and mike ashley

    Sports Direct demands zero rents on Jack Wills storesSubscription

    News13 August 2019

    Jack Wills’ new owner, Sports Direct, is asking landlords to accept rent-free tenancy agreements across some of its worst-performing stores, Drapers can reveal. 

  • simon travis 2

    Hammerson appoints premium outlets MDSubscription

    News6 August 2019

    Property company Hammerson has appointed Simon Travis as managing director of premium outlets, to build on its outlet growth. 

  • 431 433 oxford street & other stories

    H&M group demands turnover rents Subscription

    News19 June 2019

    H&M group is asking landlords to accept turnover-based rents as part of any tenancy agreement for lease renewals and new stores, Drapers understands.

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