Retail
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Heineken and ITN lift leasing for GPE
Company sealed £9m of deals in final quarter of 2024
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Businesses face 140% rate hike as relief cuts hit
Business rates relief will be cut from 75% to 40% in April
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Short leases offer Shoe Zone opportunity to flex
Retailer says it will use over supply of space to “significantly improve” its portfolio
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Leumi UK provides £18.2m loan to Magnetar for shopping centre portfolio
The assets comprise the Rushes, Vancouver Quarter and Kingsgate Centre
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National deals round-up
The pick of the deals from around the country – plus top contributors in Birmingham’s office market
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London Square buys Ransome’s Wharf in Battersea
Acquisition is the 13th since the firm was taken over by Aldar in 2023
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Norwich gets further £19m boost for Anglia Square regen
Total grant from Homes England Housing Infrastructure Fund is now £34m
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WP Carey expands UK portfolio with Manchester retail park acquisitions
Assets comprise a Morrisons store and a McDonald’s drive-thru
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Godwin Developments powers up with Newcastle’s largest EV charging hub
North Tyneside Council gives Holystone Park scheme the thumbs up
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Supermarket Income REIT names ex-Grosvenor CFO as non-exec
Roger Blundell was also finance boss of Kensington Group
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AEW secures retail trio for Windsor Royal shopping centre
Miniso, Rituals and the Cambridge Satchel Company join the centre
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LondonMetric sells £74m of non-core assets
Company also spends £50m on fresh acquisitions