Tuesday, April 24, 2018

Hammerson scraps £3.4bn Intu takeover

British shopping centre owner Hammerson has backtracked in its original plans to acquire smaller rival Intu.

Intu reports footfall growth as it awaits Hammerson update

Shopping centre giant Intu has reported record levels of retailer demand and rising footfall in its first quarter.

Hammerson’s 2nd largest stakeholder will vote against Intu takeover

One Hammerson’s major stakeholders has announced that it will vote against its proposed £3.4 billion takeover of rival chain Intu

Klépierre officially scraps Hammerson bid amid numerous rejections

French property giant Klépierre has announced it will not be making any more bids for Hammerson after being shot down twice.

Zara to open new flagship in Oxford’s Westgate

Zara is posed to open a new flagship store in Oxford’s newly regenerated Westgate Shopping Centre almost doubling its footprint.
Hammerson Klepierre

Hammerson rebuffs Klépierre’s revised £5.04 billion takeover bid

Hammerson's board of directors have unanimously rejected a sweetened takeover offer worth £5.04 billion from Klepierre.
Intu Watford

Jack Wills confirms place at Intu Watford

Jack Wills has signed up for a 5000sq ft store at Intu Watford’s new extension, adding to the list of major retailers.
FTSE 100

Intu reports footfall growth as it awaits Hammerson decision

Intu has revealed a strong boost in footfall over the Easter as consumers avoided the high street.

LDO boasts 18th quarter of growth thanks to Easter boost

London Designer Outlet (LDO) enjoyed its 18th consecutive quarter of sales growth boosted by strong trading over the long weekend

Westfield London’s expansion drives footfall over Easter

Westfield has announced a sharp rise in footfall over Easter weekend as shoppers swap the high street for the centre’s expansion.

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