All Property and Planning articles
-
NewsPlanet Organic ‘forced’ to close another store after failing to agree new lease
The Spitalfields store is the third Planet Organic closed since founder Renée Elliott’s return to the business
-
NewsOut of town retailers damaging high streets, warns Lords committee
The Built Environment Committee has made a series of recommendations for boosting high streets, while giving its support to the government’s business rates reform plans
-
NewsSupermarkets already rethinking investment plans as business rates bill gets second reading
The proposed changes could add hundreds of millions in tax on large supermarkets
-
NewsScottish Retail Consortium calls for business rates relief for shops amid ‘spiralling’ statutory costs
The letter to Scottish Finance Secretary Shona Robison says the increase in employers’ national insurance in the UK budget has added £190 million in annual costs to Scotland’s retailers
-
NewsB&M to open 700,000 sq ft import and distribution centre in Ellesmere Port
The retailer has signed a 10-year lease with real estate investor Cain International, with the site due to commence operation in 2025
-
NewsTesco reveals plan to open 150 new Express convenience stores
Tesco is marking 30 years since opening its first c-stores in the UK, in Barnes and Norbury, London, in 1994
-
NewsHigher business rates aimed at ‘online giants’ will hit 1,900 superstores and hypermarkets
Across England and Wales, the proposed tax hike will hit more superstores and hypermarkets than it will large distribution warehouses, according to analysis by property consultancy Colliers
-
NewsRetail will be hit with additional £7bn in costs from next year, industry chiefs warn Chancellor
Costs including rising employers’ national insurance will make job losses and price rises inevitable according to the letter orchestrated by the BRC, which calls for a meeting with Rachel Reeves to discuss measures to reduce the impact
-
Comment & OpinionWhy physical retail will be punished by government’s business rates reforms
Rather than promising to level the playing field between online giants and the high street, Labour should have simply said it planned to make the biggest businesses pay for a tax cut for smaller ones
-
NewsSupermarket Income REIT buys 113,000 sq ft Sainsbury’s for £50m
It joins the real estate investment trust’s omnichannel-focused portfolio of more than 70 supermarkets across the country, including Tesco, Sainsbury’s, Asda and Morrisons sites
-
Comment & OpinionBusiness rates reform: how Labour’s plan to ‘deliver stability’ will save the UK high street
Last week, the UK government took the “critical step” to permanently level the playing field between high streets and their competitors, as exchequer secretary to the treasury James Murray explains.
-
NewsTreasury minister James Murray defends government’s business rates plans
Increasing business rates from 2026 for the most valuable properties will enable a permanent reduction for the retail, hospitality and leisure properties that “make up the backbone of our high streets”, says James Murray
-
NewsCentral Co-op to sell 19 ‘unsustainable’ stores, including three to B&M
The other 16 stores will be sold to independent convenience chain Samy Limited
-
Comment & OpinionBusiness rates: government has shown its hand in the budget – and retail has been cheated
Labour’s solution to separating online retail from the high street as part of business rates reform, we now know, is that it’s not going to
-
NewsBudget measures to heap £120m in added costs on M&S, says chief
Stuart Machin said ‘we don’t want to pass on these costs to our customers’ through price rises but ‘can’t rule anything out’
-
NewsAldi reveals sites of 11 stores to open by Christmas
New Aldi supermarkets are set to open this week in Sedgley in the West Midlands and Castle Douglas in Scotland, with Horsham in West Sussex and Muswell Hill in London next in line for later in November
-
NewsLidl seals 12-store sale & leaseback deal in breakthrough for expansion programme
Lidl has sold the 12 sites for £70m to Roadside Retail, which has agreed to lease them back to the discounter for 25 years
-
NewsCity snapshot: Lidl agrees £70m real estate deal to forward fund 12 stores
Lidl has signed an agreement to sell 12 stores under construction to Roadside Real Estate for £70m. Plus, JLP is recruiting a record 12,500 temporary roles across the country over the Christmas period
-
NewsStuart Machin urges Chancellor not to raise taxes on business
The M&S chief said he hoped recent ‘rumours’ that Rachel Reeves planned to raise National Insurance were untrue
-
NewsBRC lobbying sparks row with small shops over business rates
The BRC has been accused of making proposals that only benefit ‘the largest retailers’ while being ‘really detrimental to a large majority of independents’