As malls across the UK moved into lockdown following the enforced closure of all non-essential retail and leisure sites, landlords are moving to help smaller tenants…
Month: March 2020
The UK’s biggest owner of regional malls has promised swingeing cuts in service charges to help struggling retailers. Intu pledged to lower its service charges for…
Retail and pub landlord NewRiver issued a stock exchange statement after its share price fell nearly 70% to 60p in the month to 23 March. The…
Company’s cost savings allows it to reduce service charge by 22 per cent intu has announced it will cut service charge for its tenants by 22 per…
Groceries, pharmacies and pet shops among those allowed to stay open Prime Minister Boris Johnson has ordered immediate closure of all non-essential shops to deal with coronavirus…
Springboard reports the biggest drop in footfall on record Retail intelligence expert Springboard reports the biggest drop in footfall ever recorded, as shoppers stay away from…
Grosvenor, LaSalle, New River and more issue statements on crisis In the last week, landlords and retail investment groups have issued statements in regards to the…
Debenhams, Waterstones, HMV and more pull down their shutters ‘Non-essential’ high street retailers are continuing to respond to the ongoing coronavirus crisis by closing their doors…
Retailers announce temporary shut down to protect staff health Apple, Oxfam and Nespresso are among the first retailers to announce they will be shutting their stores…
The Botanist and Hollywood Bowl sign up The Lexicon, the joint venture partnership between Schroder UK Real Estate Fund and Legal & General Capital, has announced…
