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June 25, 2025
Dream office tenant landed at IKEA's Oxford Street flagship
Ingka Investments, part of Swedish retail furniture giant IKEA's parent group, has secured a single tenant for the 47,000-square-foot of offices located above the recently opened IKEA store at 214 Oxford Street in London, CoStar News can reveal.
June 25, 2025
Canada Life eyes £28.5 million Bournemouth retail park sale
Canada Life Asset Management has instructed agents to dispose of a 167,246-square-foot retail park in Bournemouth.
June 25, 2025
RICS updates service charges in commercial property standard
The Royal Institution of Chartered Surveyors (RICS) has published a second edition of its service charges in commercial property document, which is mandatory for RICS-accredited professionals and represents a minimum level of expected compliance.
June 23, 2025
Former CEO leaving Cushman & Wakefield in revamp of brokerage's board
Brett White, who led Cushman & Wakefield through its debut as a public company and the early challenges of COVID-19, is leaving the commercial real estate brokerage as it revamps its board of directors.
June 23, 2025
Blackstone in pole position for Paris Trocadéro building
The "Paris Trocadéro" case, causing a market stir since the last Mipim trade fair, is in a state of flux.
June 23, 2025
Braehead shopping centre, arena and leisure park owners see value in joining forces
SGS UK Retail, TDL Media and XPE have launched a strategic partnership to bring together the marketing, management and leasing of the sites they respectively own - Braehead Shopping Centre, Braehead Arena and XSite, the adjacent regional leisure destination, in Glasgow.
June 23, 2025
List of contenders for the Paris Trocadéro business center gets tighter
From the initial 12 bidders, the list has now been whittled down to just four. At the end of a competitive first round, for which "it wasn't even worth making a bid under €650 million," according to a market player familiar with the matter. Union Investment has reduced the list of potential buyers for the Paris Trocadéro business center to four names, Business Immo has learned from corroborating sources: the Americans Blackstone, Hines and Tishman Speyer, and the Norwegian sovereign wealth fund Norges Bank Investment Management.
June 23, 2025
Waitrose to launch 30,000-square-foot Bristol store at birthplace of UK Concorde
Waitrose will open its first new full-line supermarket for seven years at a former aircraft manufacturing facility in North Bristol.
June 23, 2025
Retailer demand and rents on the up on Glasgow’s Argyle Street
Retail market dynamics on Glasgow’s Argyle Street are improving, helped by rising footfall, a stronger tenant mix and the promise of public realm enhancements from the city council’s Avenues project.
June 23, 2025
Liverpool Football Club nets flagship retail store expansion
Liverpool Football Club will expand the flagship retail store outside its historic Anfield stadium to circa 24,000 square feet after being given the green light by the council.
June 20, 2025
River Island earmarks 33 stores for closure in restructuring plan
Family-owned fashion retailer River Island is proposing to close 33 shops as part of a restructuring plans that will be put to creditors in August.
June 20, 2025
Private investor floats £41.9 million Butler's Wharf Estate in London
Butler's Wharf Estate, a cluster of three buildings on the banks of London's River Thames, has been put on the market for the first time in more than twenty years.
June 20, 2025
UK retail sales slumped sharply in May, but there are rays of sunshine amid the gloom
National retail sales volumes fell at their fastest pace in 17 months in May, but there are reasons to believe that the retail sector’s recovery will continue after a difficult 2024.
June 19, 2025
Urban Outfitters takes 8,000-square-foot Metrocentre store
The Metrocentre Partnership has signed Urban Outfitters for the Gateshead super regional shopping centre's upper Red Mall in what will be the brand’s first UK store of 2025.
June 18, 2025
Retail parks drive Solihull retail investment to record levels
Two large retail parks in Solihull have changed hands over the past few months, lifting retail volumes to a record level. There has already been almost £160 million of activity this year, as investors continue to favour retail parks over other retail formats.
June 18, 2025
German investor eyes sale of Glasgow retail block or £15 million
HIH Invest has appointed CBRE to sell a retail parade at 36-48 Argyle Street in Glasgow for £15 million.
June 18, 2025
The French are coming: Real estate funds' switch to UK and other non-domestic markets becomes more pronounced
A dramatic recent increase in French SCPIs, effectively open-ended funds, investing outside their home market in other European countries, notably the UK, is set to continue, reports Savills.
June 17, 2025
SGM and Banque des Territoires in exclusive negotiations to acquire the BHV Marais premises
Via a press release, Société des grands magasins, SGM, and Banque des Territoires have announced that they have entered into exclusive negotiations to acquire the BHV Marais, one of the most prominent malls in Paris.
June 17, 2025
Landsec fires up next phase of Portsmouth Gunwharf Quays makeover
Landsec has broken ground at Marlborough Square, the next phase of its Gunwharf Quays retail outlet centre in Portsmouth.
June 17, 2025
RLAM looks to offload flagship Next store in Liverpool
Royal London Asset Management Property is seeking offers in excess of £13.5 million for a flagship Liverpool retail store and media screen next to Liverpool One shopping centre.