Issue 2018 September 11th

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    Book now: What Retailers really want from real estate

    Sponsored by TH Real Estate | London, 18 October 2018 How retailers view their store portfolios and what they really want from real estate is the subject of our latest one-day conference, to be held at TH Real Estate, London on 18 October. It is the second of three fantastic events Retail Property Analyst is [...]
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    German department stores to merge after disastrous HBC European expansion

    Hudson’s Bay Company and Signa Holding have agreed to merge Germany’s two major department store chains, Galeria Kaufhof and Karstadt, as they seek to respond to fierce competition from e-commerce players. Germany’s department store sector has been suffering from store and online competition for years and the fate of both operators has been questioned repeatedly. [...]
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    Surprise deal sees bookseller prepare to take on Amazon

    UK bookseller Waterstones is buying the historic family-owned book chain Foyles in a what is a surprise deal. And James Daunt, the managing director of Waterstones cited the competitive threat of Amazon as he announced the deal. He said the takeover would make it better able to: “champion the pleasures of real bookshops in the face [...]
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    UK department store group hits out at “nosy neighbours”

    Sir Ian Cheshire, chairman of UK department store group Debenhams, has said the firm was forced to rush out an early trading statement on Monday to stop “nosy neighbours” gossiping about its future. He said speculation about the department store chain had become “a circus” and it wanted investors to know that trading had not [...]
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    Irish shopping centre taken to market by Savills

    Savills has launched Wilton Shopping Centre to the market on behalf of York Capital, guiding in excess of €86m which comprises €76m for the shopping centre, producing a net initial yield on NOI of 6.75%, and €10m for a mixed-use development site. The sale offers an exciting investment opportunity to acquire Cork’s dominant retail centre [...]