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The latest shopping centre news

Land Securities owns numerous centres, including the White Rose Shopping Centre, Leeds

High streets “may not recover” from troubles, warns Land Sec

- Property firm Land Securities Group has today predicted a bleak outlook for the UK high street, claiming that many locations “may never recover” from current struggles.Annual results released this morning by the largest commercial property company...
05:34PM - Wed 16th May 2012
Westfield's shopping centres around the world have performed well in the first quarter of 2012

Westfield London sales up 2.2% in Q1

- Trading levels at property firm Westfield’s two major shopping centres in London have continued to grow during the first three months of 2012, according to a statement from the firm today.Westfield London, based in the Shepherd’s Bush area of the ...
03:45PM - Wed 16th May 2012
Capital Shopping Centres is planning to create a new leisure destination at Lakeside

Capital Shopping Centres reports footfall drop

- Property firm Capital Shopping Centres (CSC) saw footfall and occupancy decline across its retail sites during its last financial quarter, results released today reveal.Footfall across its 14 UK shopping centres fell two per cent year-on-year in t...
03:29PM - Wed 25th April 2012
Greg Lumley is the new Centre Director of Plymouth based shopping centre Drake Circus

Greg Lumley named Drake Circus Centre Director

- Real estate firm British Land has appointed the former boss of Westfield London to take charge of its Plymouth shopping centre Drake Circus, it has been announced.Greg Lumley has become the new Centre Director for Drake Circus after more than 26 y...
11:25AM - Mon 23rd April 2012
Steven Connolly, Centre Director at Festival Place, is unsure whether temporarily extended trading hours on Sunday will help retailers outside of London

Impact of longer Sunday trading outside of London

- The Government recently confirmed plans to extend Sunday opening hours during the London Olympics. There are mixed opinions from retail businesses across the country about the change. As the Centre Director at shopping centre Festival Place, it wa...
09:09AM - Wed 18th April 2012
The new H&M at Friars Square should be ready to open in the autumn of this year

Construction of Aylesbury H&M begins

- Swedish fast-fashion retailer H&M has commenced construction of a new store in the UK today after appointing Britannia of Cheltenham to complete the build.The £1.5 million store in Aylesbury’s Friars Square shopping centre is on track to be comple...
01:50PM - Mon 16th April 2012
Hammerson will now undertake the redevelopment of the Whitgift Centre in Croydon (image ©iStockphoto.com/Linda Steward)

Hammerson secures Croydon regeneration contract

- UK property firm Hammerson has beaten Westfield to be chosen as the preferred developer of the Whitgift Centre in Croydon, it was revealed today.Lease owners of the Whitgift Centre, Royal London Asset Management (RLAM) and IBRC Assurance Company (...
02:27PM - Mon 2nd April 2012
Shopping centre construction has all but halted this year but should pick up slightly in 2013 (image ©iStockphoto.com/Matt Kunz)

Shopping centre pipeline lowest since early 1960s

- Just 31,500 sq m (339,063 sq ft) of new shopping centre space is to be developed this year, the lowest annual figure in almost 50 years, according to new research published today.Commercial real estate firm Cushman & Wakefield says that only one n...
12:38PM - Mon 2nd April 2012
Steven Connolly, Centre Director at Festival Place shopping centre

Comment: Shopping centres with TV channels

- Last week saw the launch of Festival Place’s FPTV channel. The new channel received over 410 hits in just four days. It got the team at Festival Place talking about the importance of presenting a business across a multiple of platforms.Multichanne...
11:04AM - Wed 28th March 2012
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