All Property and Planning articles
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NewsWilko planning no store closures in upcoming CVA
The home and garden retailer is due to launch a company voluntary arrangement next month in which it will seek rent cuts from landlords
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Analysis & Features
The riddle of Lidl and its faltering plans to take over in the UK
With discounters booming in the cost of living crisis, what’s motivating Lidl’s move to slow down expansion?
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News
Asda sale & leaseback deals stretch to 50 years or more
The supermarket has embarked on store sale & leaseback projects to raise £1.1bn
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Comment & Opinion
Land agreements are just one way supermarkets can stop rivals
Sainsbury’s and Asda were found in breach of land agreement competition rules. But how else can supermarkets slow their rivals?
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News
Sainsbury’s and Asda to review anti-competition land deals
The Competition & Markets Authority found 18 rule breaches by Sainsbury’s and 14 by Asda
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News
Aldi to open five new stores within five weeks
Each store will create about 40 jobs, according to Aldi
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News
High interest rates take a slice off British Land's portfolio value
The UK’s largest owner and operator of retail parks saw its portfolio fall 12.3% in value to £8.9bn
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Analysis & Features
How falling real estate store values are hitting supermarkets
Falling property values are dragging on retailers’ results, potentially affecting their ability to borrow or invest. How are they responding?
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News
Aldi and Lidl locating their stores in more affluent areas
The two have gravitated steadily towards more affluent neighbourhoods over the past five years, according to location analytics firm Maximise UK
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News
City snapshot: UK vacancy rate stabilises amid retailer caution
The UK retail vacancy rate ended five quarters of post-Covid improvement in the first three months of 2023, remaining at 13.8% amid widespread caution in the retail sector.
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News
Grosvenor increases food technology investments
Global property group Grosvenor increased its investment into food and agriculture firms last year, despite the macro-economic headwinds facing the sector
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News
M&S to invest additional £12.5m in London stores
The retailer has invested £23m in the city in its 2022/23 financial year and created 400 jobs
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News
Lidl reveals hundreds of potential sites for new stores
The retailer has also reiterated its finder’s fee for suitable sites despite scaling back its store opening plans
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News
City snapshot: Supermarket Income REIT snaps up Tesco store in £38m deal
Retail property investor Supermarket Income REIT has purchased a Tesco omnichannel supermarket in the Midlands for £38.3m. Plus, embattled THG appoint Sue Farr as senior independent director.
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News
Lidl outpaces Aldi on new stores despite slowdown
Lidl said in February it would open just 25 stores this year instead of the usual 50
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News
Superdrug to open 25 ‘bigger and better’ stores this year
The retailer said the investment showed it backs bricks and mortar following strong trading results
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News
Morrisons sale and leaseback stores ‘cheaper than other grocers’
A property industry source said the price people will pay for a Morrisons is less than for a Sainsbury’s or Tesco
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News
Shops in England to see business rates bill drop by more than 50%
The average shop’s bill will fall from £8,172 in 2022/23 to £3,678 in 2023/24, according to retail estate advisors Altus Group
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Analysis & Features
Parfetts Birmingham: a look inside the wholesaler’s southernmost depot
Last week, Parfetts opened its new 100,000 sq ft Birmingham cash & carry
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News
City snapshot: Supermarket Income REIT grocery portfolio value drops by £250m amid rising rates
Supermarket property investor Supermarket Income REIT has seen the value of its portfolio drop by almost £250m over the past six months amid rising UK interest rates
