
Billed as one of the biggest commercial property deals in recent years, two designer outlet malls in England have been sold for £600m. Cheshire Oaks and Swindon Designer Outlet have been bought by LaSalle.
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Billed as one of the biggest commercial property deals in recent years, two designer outlet malls in England have been sold for £600m. Cheshire Oaks and Swindon Designer Outlet have been bought by LaSalle.
The boom in online retail due to pandemic restrictions saw a massive growth in UK warehouse space last year, up almost three-quarters on 2019, according to property adviser JLL.
The property firm has tapped three retail leasing experts to help with new plans to “reimagine” its retail business and develop innovative ways to work with retailers.
Chanel's Bond Street store is reportedly up for sale and the brand could be among the bidders for the space. The auction will be a major test of investor confidence in the future of the West End.
Roger Wade, the founder and chief executive of Boxpark, a portfolio of pop-up malls, has revealed he has received a number of offers for the business after appointing KPMG to find an investment partner.
In a vast warehouse complex 40 miles north of London, staff are wrestling with ways to cram in more goods after a surge in demand from companies building stockpiles ahead of Brexit.
We Are Pop Up, the UK company that links shopping centres with small brands seeking space for short-term rentals, is debuting in Russia with a launch in malls operated by its new local partner JLL.
House of Fraser will live to fight another day. Despite doubts around its CVA plan, creditors voted in favour of it on Friday which means it will now close 31 stores, reducing its size by more than half in the process.
The American budget accessories retailer’s second attempt to establish itself in the emerging market via franchising has failed, with Russians preferring to invest in more expensive jewelry pieces.
Retailers are looking actively at tier II and tier III cities to explore the opportunities offered by a large consumer base in India.