All Property and Planning articles – Page 19
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Poundland defends not repaying business rates relief
The variety discounter has argued it should not be judged on the same terms as retailers who saw business boom in lockdown ’like the supermarkets or Amazon’
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City Snapshot: Sainsbury’s to hand back £440m of business rates relief
Sainsbury’s has joined Tesco and Morrisons in handing back its business rates relief, which will cost the supermarket around £440m
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Landlords and retailers urged to collaborate to open shops longer
In a joint call, the BRC and British Property Federation have urged retailers and landlords to work together so that shoppers can feel safer in stores by visiting at less crowded times
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M&S could be asked to share some of Ocado online sales profits under new lease terms
Shopping centre owner Benson Elliot is planning to adopt the new lease model, which factors in a store’s ‘online halo effect’
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Four in five major retailers threatened with County Court Judgements over rent
Of 25 major national retailers surveyed by the BRC in October, 21 had been threatened by landlords using a ‘loophole’ in government protections
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Ascona Group takes estate to 47 sites with trio of petrol station acquisitions
Fast-growing forecourt operator has purchased 30 sites this year
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Hancocks acquires new depot as it shuts sixth site this year
About 100 new roles will be created at the new Manton Wood site
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Retail and landlord chiefs at loggerheads over mounting debt crisis
The BRC has called for an extension to protections for tenants but the British Property Federation has slammed the suggestion as unsustainable
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Bestway opens its first ‘Tippl’ store for premium booze
It offers a wide range of wines, spirits, ales and craft larger, cider and mixers alongside a high-end convenience offer
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Sainsbury’s opens first Fresh Food Market store in Kent
Upgrade comes as part of a multi million-pound redevelopment of Sainsbury’s estate
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Heron Foods store opening programme ‘scaled back’ due to pandemic
The B&M-owned frozen food business has scaled back its ambitions to 15 new stores this financial year, rather than 20
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City 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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Sainsbury’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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Sainsbury’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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Selfridges to close all stores aside from Oxford Street Food Hall
The closures are due to the second lockdown announcement
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Shopping 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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Oakland 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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James 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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Morrisons 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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Grocers 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