All Property and Planning articles – Page 22
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NewsPoundland plans to build flats above its first-ever freehold store
Poundland bought the historic site in Elgin to pay for repairs itself after the council served a dangerous building notice
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NewsCity snapshot: Supermarket Income REIT buys £61m Tesco store
Grocery property investor Supermarket Income REIT has bought a £61m Tesco superstore and agreed a new £60m lending facility to support future acqusitions.
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NewsConvenience sales growth leads to spike in property market activity
Christie & Co said buyers were returning to the market and actively seeking out business opportunities
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NewsBusiness rates call for evidence launched as next revaluation pushed back to 2023
The new revaluation date means it will be based on rents payable in April 2021, reflecting the impact of the pandemic
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NewsWilson Group becomes first retailer to operate 10 One Stop franchises
The group opened its tenth store in Scarborough last week
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NewsDCS Group to move manufacturing base to Redditch
The distributor said the move to the new 90,000 sq ft facility would increase its warehousing capacity by 50%
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NewsTime Wholesale to accelerate second depot opening after cash & carry sales double
The wholesaler aims to have secured the additional premises in the London area by September 2020
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NewsLandlords ‘relieved’ as retail pays 22% of rent bill
Many would have been worried the sum would be lower, according to agent Colliers
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Analysis & FeaturesWhat’s in the government’s code of practice for landlords and business tenants?
New arrangements described in the code match what retailers have pushing for in negotiations with landlords
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NewsShopping centre giant Intu falls into administration
The owner of the Trafford Centre and Lakeside shopping centres has filed for administration after being unable to reach a refinancing deal with its lenders.
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NewsPoundland changing rent payments to monthly in arrears across estate
All new property deals also include so-called ‘Covid clauses’, providing the retailer with protections in the event of a future pandemic
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NewsProperty investor picks up five Waitrose stores and Ocado warehouse for £73m
The publicly listed group purchased a portfolio of five food stores let to Waitrose in a £62m sale and leaseback agreement
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NewsRapid electric vehicle charging stations set to open at 10 UK retail sites
Source: Engenie Rapid electric vehicle charging stations are set to open at 10 retail sites across the UK, thanks to a new partnership between network operator Engenie and real estate specialist Brookhouse Group. More than 18 million vehicles visit Brookhouse sites – which include brands such as ...
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NewsGovernment extends protections for business tenants until 30 September
The Ministry of Housing, Communities & Local Government has also announced further details of a new ’code of practice’
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NewsSlow high street recovery and months of deadlock over rent bills predicted by agent Colliers
As non-food shops reopen, more young people will be attracted to high streets, but their spending power is limited
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NewsCambridgeshire Nisa defies pandemic to open fully refurbished store
The store has undergone a major extension and refurbishment throughout the coronavirus pandemic
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Analysis & FeaturesCan property code of practice prevent ‘cliff edge’ collapses?
With the end of government’s bans on non-rent payment evictions and winding-up orders imminent, what now for retailers and landlords?
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NewsLandlords ‘itching’ to evict retail tenants if protections end on 30 June
Property litigation firm Hägen Wolf has warned of a surge in eviction and insolvency litigation which could ‘decimate’ the high street
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NewsTesco to continue expansion of discounter Jack’s estate
The retailer’s latest Jack’s incarnation is set to take over a vacant Mothercare store in Hull