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Tag : shopping centres

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  • wales bridgend

    M&G suspends £2.5bn retail property fundSubscription

    News5 December 2019

    Investment firm M&G, which owns shopping centres across the country, has announced that it is temporarily suspending dealing in shares of its £2.5bn M&G Property Portfolio fund with immediate effect.

  • Crompton place bolton ap

    The great council retail property takeoverSubscription

    Analysis4 December 2019

    Retail property companies are dumping assets as they seek to reduce their exposure to the sector, and councils are stepping in to buy them and taking on the risk and cost of developing them.

  • barton square courtyard view

    Intu calls in advisersSubscription

    News29 November 2019

    Shopping centre owner Intu is reported to have drafted in advisers to work on a balance-sheet restructuring. 

  • 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.

  • Dl aw19 party alexander bainbow malibu 098

    Drapers Hit or Miss: autumn 19 footwearSubscription

    Features14 November 2019

    For the third part of Drapers’ autumn 19 Hit or Miss reviews, the team descended upon Birmingham’s Bullring shopping centre to put footwear retailers to the test.

  • 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. 

  • Mckinsey modern retail collective (attributed to mckinsey & company)

    Shopping centres: the new rules of engagementSubscription

    Features4 November 2019

    In the battle to attract footfall, shopping centres are redefining their relationships with retailers and transforming into venues for experiences.

  • 3078055 westfieldlondonexpansion2

    UK shopping centres bolster Westfield owner's profitsSubscription

    News29 October 2019

    The owner of Westfield shopping centres, Unibail-Rodamco-Westfield (URM), has reported a 16.3% year-on-year increase in shopping centres turnover to €1.56bn (£1.35bn) for the nine months to 30 September.

  • John lewis oxford street (12)

    John Lewis seeks landlord discountsSubscription

    News4 October 2019

    John Lewis is reportedly seeking discounts from landlords, as it seeks to cut further costs from across the business.

  • intu trafford centre dome

    Buyers circle IntuSubscription

    News9 September 2019

    Intu Properties, the embattled owner of locations such as Manchester’s Trafford Centre and Intu Lakeside in Essex, is reportedly exploring a buyout deal after a challenging period for its shopping centre portfolio.

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