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Tag : property

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  • barton square courtyard view

    Coronavirus: Retailers playing 'dangerous game' withholding rents Subscription

    News27 March 2020

    Retailers are only “deferring a problem” by withholding rent payments at this week’s March quarter deadlines, property experts have told Drapers. 

  • primark

    Coronavirus: Primark withholds quarterly rent paymentsSubscription

    News25 March 2020

    Primark is withholding quarterly rent payments, due today, on its leasehold properties in the UK  in a bid to prompt ”urgent” conversations with landlords over ongoing rental terms.

  • Ailish christian west, revo president

    Comment: Landlord support needed to stop high street decaySubscription

    Comment23 March 2020

    Ailish Christian-West, president at property industry body Revo, calls for the government to support retail property owners to stop the “long-term decay of high streets”. 

  • John Lewis Westfield Stratford

    Revo calls for support for landlords Subscription

    News19 March 2020

    Property industry body Revo has written to the chancellor Rishi Sunak calling for financial support for retail landlords impacted by rent cuts, amid the ongoing coronavirus crisis.

  • The mall in luton by james

    Income and profits fall for Capital and RegionalSubscription

    News5 March 2020

    Shopping centre owners Capital and Regional have announced a drop in net rental income and profits for the year to 31 December 2019, as it battles a market chief executive Lawrence Hutchings described as: “not without it’s challenges.”

  • the mall blackburn

    Capital & Regional appoints non-executive chairmanSubscription

    News26 February 2020

    Retail property group Capital & Regional has appointed David Hunter as non-executive chairman.

  • Westfield

    Westfield scales back developmentSubscription

    News13 February 2020

    Shopping centre owner Unibail-Rodamco-Westfield (URW) has scaled back its development pipeline and increased its disposal programme as net retail income fell across its UK centres last year. 

  • Arf 5912

    Intu offloads Spanish shopping centreSubscription

    News28 January 2020

    Ailing shopping centre owner Intu has sold Spain’s Intu Asturias for €290m (£245.15m), as the business continues efforts to turn around its fortunes.

  • 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 

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