Criterion Capital acquires St Giles London Hotel for around £220m Jan 12, 2026 Criterion Capital has acquired the St Giles London Hotel in London’s West End for approximately £220 million, taking full ownership of the entire island site and bringing the landmark property under single control. The transaction gives Criterion ownership of the 732-room hotel located at the intersection of Tottenham Court Road and Oxford Street, reunifying the […] Posted by: Mya Driver Read more
Primark to Open First New London Store in Nearly a Decade at Wimbledon Quarter Jan 8, 2026 Primark has announced plans to open a new store at Wimbledon Quarter, marking its first new London location in almost a decade. The retailer will take over part of the former Debenhams unit on the ground floor of Wimbledon Quarter, with the new store expected to span approximately 24,000 square feet. The opening represents a […] Posted by: Mya Driver Read more
Frasers Group Acquires Swindon Designer Outlet Dec 10, 2025 Frasers Group, the retail conglomerate behind brands including Sports Direct and House of Fraser, has acquired the 250,000 sq ft Swindon Designer Outlet in the UK. The centre, which opened in 1997 on the site of a former railworks in Swindon, attracts over 3 million visitors annually, placing it among the UK’s top five outlet […] Posted by: Mya Driver Read more
Planning Consent Granted for 102-bedroom Hotel in Edinburgh City Centre Dec 3, 2025 Planning consent has been granted by the City of Edinburgh Council (CEC) to transform a sandstone office building on the edge of Edinburgh’s New Town into a sustainable 102-bedroom city centre hotel. Regeneration specialist Artisan Real Estate is now set to progress with the redevelopment of Albany House, located at 58 Albany Street on the […] Posted by: Mya Driver Read more
Landsec Secures Planning Approval to Transform Glasgow’s Buchanan Galleries in £85m Retail Upgrade Dec 2, 2025 Landsec has received planning permission from Glasgow City Council to transform the retail offer at Buchanan Galleries through targeted refurbishment. Glasgow is the UK’s leading city for shopping outside of London and the approved plans will further strengthen its position as a premier retail destination. The proposals will enhance the existing shopping centre whilst creating […] Posted by: Mya Driver Read more
Marks & Spencer Opens New 100,000 sq ft Flagship Store at Merry Hill Nov 27, 2025 Marks & Spencer has unveiled a new 100,000 sq ft flagship “renewal” store at Merry Hill, consolidating and expanding its previous space to create one of the centre’s key anchor destinations. The new store brings together M&S’s offer into a single, upsized unit, replacing and extending its former footprint. It features the latest renewal format, […] Posted by: Mya Driver Read more
Supermarket Income REIT and Blue Owl Capital Complete £196 Million Acquisition of 10 Asda Supermarkets in New UK Joint Venture Nov 20, 2025 Supermarket Income REIT (SUPR) and Blue Owl Capital have completed a joint venture to acquire a portfolio of 10 Asda supermarkets in the United Kingdom for £196 million. The transaction is structured as a sale-and-leaseback, with 25-year leases on the properties and annual CPI-linked rent reviews capped at 4% and floored at 1%. The average […] Posted by: Mya Driver Read more
ICG Real Estate to Acquire €203.5 Million Pan-European Grocery Store Portfolio from Lidl Nov 20, 2025 ICG Real Estate (ICGRE) has agreed to acquire a portfolio of 24 newly developed grocery stores from Lidl in a sale-and-leaseback transaction valued at €203.5 million, approximately £180 million. The acquisition, made through ICGRE’s Strategic Real Estate II Fund, spans 17 properties in the UK, four in Ireland, and three in Spain, totalling around 50,000 […] Posted by: Mya Driver Read more
Poundland Secures Crucial Lifeline as High Court Approves £90 Million Turnaround Plan Aug 27, 2025 Poundland has narrowly avoided collapse after the High Court approved its comprehensive turnaround and restructuring plan, providing the discount retailer with a vital financial injection and a pathway toward long-term stability. The court-sanctioned plan arrives at a critical moment, just days before the business would have exhausted its cash reserves and been forced into administration. […] Posted by: Mya Driver Read more
Marks & Spencer announces £200 million investment in new distribution centre at Prologis DIRFT Aug 21, 2025 Marks & Spencer (M&S) has unveiled plans to invest around £200 million in a major new distribution centre in partnership with logistics real estate specialist Prologis. The new facility will be developed at Prologis DIRFT (Daventry International Rail Freight Terminal) in Northamptonshire, one of the UK’s most strategically important logistics parks. Spanning approximately 900,000 sq […] Posted by: Mya Driver Read more
