All Retail parks & out-of-town articles – Page 19
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AnalysisRetail parks innovate as DIY stores slow expansion
As the UK’s DIY big-boxers slow expansion plans, downsize and even consider closing stores, landlords need to take innovative action to revive their parks, says Mark Faithfull
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AnalysisBatten down the hatches
The lettings market for retail parks has faltered as bulky goods retailers start to feel the pinch from the downturn in consumer spending, so is this affecting the red-hot investment market? Jessica Price Brown consults the experts
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AnalysisGrowing pains
Retail parks have evolved in a way that few could have envisaged five years ago. But is the rise of powerful fashion offers and comfortable coffee houses enough to gloss over deeper issues for some schemes? Mark Faithfull reports
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News
£320m Fosse Park sale hits the buffers
The UK’s biggest-ever retail park investment deal has fallen through, Pillar Property has announced.
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News
Aylesbury park bags three new tenants as work begins on site
Aylesbury park The Junction has started on site at its redevelopment of the Cambridge Close Retail Park at Aylesbury, Buckinghamshire. The site will be developed in three phases. Existing tenants, including Wickes in 47,000 sq ft (4,365 sq m), Comet in 20,000 sq ft (1,860 sq m) and Argos ...
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News
Junction takes Herculian stake in Glasgow park
The Junction limited partnership, the specialist out-of-town fund run by Capital Regional, has paid its rival Hercules Property Unit Trust£53 million for the Great Western Retail Park at Drumchapel, Glasgow. The Great Western Retail Park is situated seven miles northwest of Glasgow city centre. It provides 178,500 sq ...
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News
Hercules grabs Prospect Place
The Hercules Unit Trust has bought Phase 1 of the Prospect Place retail park in Dartford, Kent from Pillar Property for£36 million, and entered into a commitment to forward purchase Phase 2. The 134,000 sq ft (12,450 sq m) Phase 1 is fully-let to B Q, Carpetright , Allied Carpets ...
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News
Tesco, Next and Arcadia anchor opening of Gallions Reach park
One of the UK’s last major open A1 fashion parks opened last week at Gallions Reach in Beckton, east London.