All Property and Planning articles – Page 24
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NewsCity snapshot: Tesco Extra and Aldi store picked up for £63m by Supermarket Income REIT
Real estate investment firm Supermarket Income REIT has purchased a Tesco Extra shed and an Aldi store from British Land for £63m.
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NewsSainsbury’s shelves online delivery plans for Burpham store over environmental concerns
Campaigners said about 70 trees also would have been removed as part of the works
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NewsSainsbury’s opens neighbourhood hub c-stores in Hampshire and Sussex
The retailer piloted the new concept last year in Woodhall Spa, Lincolnshire
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NewsSelfridges to close all stores aside from Oxford Street Food Hall
The closures are due to the second lockdown announcement
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NewsShopping centre landords call for emergency government support in second lockdown
Revo, which represents shopping centre landlords, has called for business rates relief to be extended beyond April 2021 and for financial support for retailers that can’t pay rent
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NewsOakland International boosts Dublin capacity in readiness for Brexit
Logistics giant will be adding to its existing 30,000 sq ft facility at Food Central near Dublin Airport
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NewsJames Hall expands forecourt network with new Lancashire site
James Hall now has 146 company-owned sites, 36 of which are forecourts
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NewsMorrisons takes axe to property division
The supermarket said it was set to make around 10 redundancies at its head office-based team in Bradford
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NewsGrocers could have to share online boom with landlords in new leases
The new model is said to be particularly relevant to grocers in travel hubs or shopping centres who have seen online sales rise through the likes of Deliveroo
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NewsOne Stop converts 54 stores to Tesco Express
The Grocer first reported in January that One Stop, which is owned by Tesco, had converted 26 stores to its parent brand
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NewsAldi opens 900th UK store as it pursues target of 1,200 by 2025
The Sandhurst store is Aldi’s 75th in the south east
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NewsStore closure rates have nearly doubled in the pandemic, data shows
’Devastating impact’ likely to continue under latest lockdown restrictions, analysts warn
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NewsOcado Islington depot plan suffers setback as council revokes development certificate
An Ocado spokeswoman said the company was disappointed by the decision
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NewsCommercial tenants and landlords ‘co-operating more’ over unpaid rent
Figures from Remit Consulting suggest retail had paid 54.7% of its bill by seven days into the latest quarter, which started at the end of September
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NewsFoodservice wholesaler Hunt’s expands retail operation
The expansion comes as the family-owned business continues to be impacted by the coronavirus pandemic
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NewsVape juice supplier Zeus makes first foray into bricks & mortar retail
The brand’s new store in Birmingham will sell a full range of Zeus products
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NewsExtra 100 million sq ft on online warehouse space needed by 2024, analysis suggests
Growth of online grocery alone could create demand for an extra 7.1 million sq ft of warehouse space in four years, according to real estate advisor Knight Frank
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NewsOnline retail helps drive warehouse space rental to record level
Take-up in quarter three was more than double that in the same period last year, reaching 13.3m sq ft, according to real estate advisor CBRE
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NewsA third of retail’s rent bill unpaid for June quarter
Figures from Remit Consulting suggest that overall commercial tenants had underpaid by £1.5bn for the second consecutive quarter
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NewsLandlords ‘exploiting loophole’ to recover rent arrears from retailers
Landlords have been using county court judgements to ’undermine the will of parliament’, the BRC’s CEO has claimed