All Property and Planning articles – Page 20
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NewsHelloFresh to open new DC in Derby and create 450 jobs
It will be HelloFresh’s third DC, and comes after the launch of Nuneaton site The Beehive, which opened in 2020
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NewsFalling vacancy rates offer ‘glimmer of hope’ for retail says BRC
Overall retail vacancy rate across Britain fell 0.1 percentage points to 14.4% in the fourth quarter of 2021, suggesting the structural impact of the pandemic had in some regions ‘peaked’
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NewsLidl opens new head office in Tolworth, London
Hundreds of head office staff are relocating five miles from Wimbledon to the new building
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NewsLidl opens 900th British store with new Liverpool site
The 900th British Lidl is one of six set to open this month, creating nearly 250 jobs between them, according to the discounter
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News15 Wilko stores at risk of closure in review of lease terms
The stores will be shut this year as leases end unless landlords agree to more “favourable terms” for the home, garden and fmcg retailer
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NewsWarehouse rents to rise in ‘race for space’ as online-driven demand outstrips supply
Companies will ‘struggle to find space and it’s all about survival of the fittest’, said Andrea Ferranti, Colliers head of industrial and logistics research
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NewsShortfall in rent for businesses to exceed £7.4bn by end of the year
Remit Consulting, which has been working with the British Property Federation to monitor rent debt throughout the pandemic, warned increased restrictions could hit payment levels of December quarter invoices
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NewsMPs demand urgent review of how government handling of pandemic has hit high streets
In a report published today, the Levelling Up, Housing and Communities Committee says there should be an immediate “lessons learned” review of high street support
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NewsLidl minimum store size now 18,000 sq ft to fit more SKUs
The discounter’s minimum desired unit size outside London has grown from 14,000 sq ft to 18,000 sq ft
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NewsRetailers and landlords to collaborate on making buildings greener
The two sectors have agreed a protocol for collaboration which they hope will become embedded into leases
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NewsM&S’s Marble Arch flagship store redevelopment gets go-ahead from council
M&S aims to use the new space for a full line store as well as new office spaces and leisure facilities
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NewsBritish Land repurposing retail park space as part of £600m urban logistics development plan
The property company sees additional value in retail parks because features such as ease of access by vehicle make them well-suited to repurposing to meet growing online demand
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NewsBluewater shopping centre unveils new store concept to showcase local brands
The 2,000 sq ft store is set to be in place for six months, in which new brands will be introduced on a rotating basis
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NewsAdvance quarterly rents set to return after protections end
Many retailers have moved to monthly payments while protected from eviction and rent debt recovery under emergency Covid measures
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NewsAmazon’s seventh Just Walk Out store to open over the road from Tesco’s GetGo
Tesco launched its own version of Amazon’s Just Walk Out shopping experience last month
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NewsAldi falls behind on store opening target
The discounter has fallen behind on a target of 1,000 stores by 2022 and will need to open about 80 a year to reach a longer-term goal of 1,200 by 2025
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NewsAldi continues expansion with push for 15 new stores by end of year
The discounter is set to arrive in new locations including Edinburgh, Orpington and Poole
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NewsOnline sales tax could hit click & collect and scan & go purchases in shops
The Treasury is to look at whether an online sales tax should apply to in-store purchases paid for via an app
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NewsIndustry reacts to Sunak’s business rates reform, including one-year 50% cut for retail and hospitality
The 50% cut – capped at £110,000 – will do little to help big businesses, says BRC
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NewsDark store operators driving ‘huge’ rent growth for urban industrial assets
Within London, areas such as Newham, Tower Hamlets and Southwark are forecast to see rent growth in excess of 7% for industrial assets this year