Landsec
This coverage analyses Landsec’s role and influence within the UK retail property sector, with reporting on its shopping centre and retail park portfolio, leasing strategies, redevelopment projects, tenant relationships, and financial performance. Updates provide insight into how Landsec’s decisions shape retail environments and opportunities — supporting property, operations, and strategy professionals navigating landlord-tenant dynamics and regional market trends.
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Jun- 2024 -11 JuneNews
Today’s news in brief-11/6/24
One in three Asda staff have reported being attacked at work, according to a survey conducted by the GMB union. The poll of nearly 1,000 Asda employees revealed incidents of being stabbed, punched, threatened with syringes, and other violent acts, including delivery drivers being chased by cars and confronted by…
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11 JuneProperty
Gunwharf Quays’ second phase of development receives greenlight
Planning permission for the second phase of Landsec’s £45m investment in Gunwharf Quays has been granted by Portsmouth City Council. The works will aim to give visitors an improved full day out experience at the waterfront outlet shopping destination. The new phase of the investment will focus on Marlborough Square,…
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May- 2024 -21 MayNews
Today’s news in brief-21/5/24
Zuber Issa is poised to acquire the UK arm of EG Group, a move indicating the Issa brothers’ business paths are diverging. This acquisition excludes Cooplands bakery, certain Starbucks outlets, and EG’s electric vehicle charging business, Evpoint, with the deal expected to conclude by late June. Additionally, Zuber Issa is…
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21 MayNews
Frasers Group eyes 50% stake in Crown Estate
Frasers Group is reportedly the frontrunner for the acquisition of a stake in Exeter’s Princesshay Estate and shopping centre, The Times has revealed. The Mike Ashley-owned group is reportedly considering taking a 50% stake in the Crown Estate from investment firm Nuveen. Nuveen, which bought its share from Landsec in…
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Dec- 2023 -21 DecemberNews
Nike Rise to open at Trinity Leeds in 2024
Nike has announced that it will bring its concept store, Nike Rise, to Trinity Leeds next year. The retailer will join a number of international brands who have signed at the centre this year. The 10,000 sq ft Nike Rise store aims to enhance shopping experiences through innovative digital experiences…
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Oct- 2023 -3 OctoberEconomy
Sustainable retail could boost local economies by £100m, Landsec finds
Brands in a sustainable retail destination could see revenues increase by up to 13% over the next 10 years, leading to a potential boost of up to £100m for local economies, Landsec research has found. According to the research, this would come from overall footfall for such destinations could see…
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Jul- 2023 -25 JulyShopping Centres
Frasers owner makes £50m bid for Leeds shopping centre
Mike Ashley, the owner of Frasers Group, has bid almost £50m to acquire Junction 32 off the M62 near Castleford, on the outskirts of Leeds, in his latest foray into the world of retail property, The Times has reported. This comes as the shopping centre is being sold by Landsec,…
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Jun- 2023 -21 JuneNews
Landsec announces retail investment plans
Landsec has announced plans to invest significantly in its prime retail destinations to further enhance its positive growth outlook. The investment include a £45m transformation plan at Gunwharf Quays that will improve the Portsmouth-based shopping outlet to create a more memorable experience for visitors and deliver more value for brand…
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May- 2023 -15 MayNews
Zara relocates to Trinity Leeds for latest flagship store
Zara has recently revealed that it will open its newest flagship store at Trinity Leeds shopping centre, as it upsizes and relocates into the centre from its current location on Briggate. The new 46,000 sq ft store will showcase the latest technological innovations from Zara’s integrated online and physical store…
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Feb- 2023 -6 FebruaryNews
Mike Ashley eyes two shopping centres in £100m deal
Mike Ashley has lined up a £100m acquisition of two shopping centres, according to The Times. Frasers Group is in advanced talks to buy the Overgate centre in Dundee for £30m, along with The Mall in Luton in a £70m deal. The Overgate centre is currently owned by Legal and…
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