Issue 2018 October 9th

    18 October: Join Ingka Centres, Nike, Dr Martens, Made and more

    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. The event will feature IKEA Centres, Made.com, Nike, Dr Martens, retail veteran [...]

    RPA event 18 October: Amazon scours UK for locations as it considers Amazon Go launch

    Amazon is reportedly scouting for new locations to launch its Amazon Go supermarkets in the UK. The cashierless supermarkets use technology to allow customers to pick up items and walk out with them, charging their Amazon account automatically instead so they don’t have to stand in a checkout queue. According to reports this weekend, the [...]

    UK REIT agrees deal for mall with Asian investor

    Hammerson has exchanged contracts for the sale of a 50% stake in Highcross shopping centre in Leicester for £236m. This represents a 5% discount to December 2017 book value allowing for capex associated with the proactive reconfiguration of the former House of Fraser store. The deal creates a new £472m joint venture with an Asian investor [...]

    Chinese retail spending may have peaked warns new report

    Retailers around the globe looking for outbound Chinese tourism to swell their coffers may want to make additional plans, according to a new report. Signs are increasing that Chinese travelers’ spending, especially on retail purchases, may have peaked, says Chinese Outbound Tourists Survey 2018: Urban Millennials Lead the Charge to More Independent, Adventurous Travel, a [...]

    LGIM acquires new leisure scheme and issues report on sector

    LGIM Real Assets (Legal & General) has announced that it has acquired Waterfront Leisure scheme in Stafford, UK on behalf of its Leisure Fund from developer LXB Retail Properties. The new scheme was purchased for £9.9m. Legal & General said of the move that it is committed to transforming towns and cities across the country. [...]