Metric Property, the new property company set up by three former British Land directors, has completed its fund raising and beaten its target, raising £175 from investors.
A 28 per cent decline on new shopping centre space across Europe in 2009 brought an end to three consecutive years of development growth, according to Jones Lang LaSalle.
Another 81 stores are closing at clothing retailer Ethel Austin and sister company Au Naturale over the next month, with a total job loss of almost 700.
Cordea Savills, the international property fund manager, has acquired the Apex Retail Park in Twickenham for £14.4m on behalf of the Charities Property Fund.
Sales at Bluewater are up by almost double that of the UK as a whole, thanks to soaring trade during half term and weekends.
Thornfield Properties will go into administration this week following the demise of parent company Thornfield Ventures earlier this year.
Communities secretary John Denham has issues a stop notice against the controversial £4.5bn Brent Cross Cricklewood scheme.
Blackpool Council has granted outline permission for the £220m Talbot Gateway scheme, targeted at regenerating north-east Blackpool.
A concept first put forward by The Peel Group, owners of The Trafford Centre, for the regeneration of the North West ship canal corridor has today been taken forward.
Retailers planning global expansions for 2010 are opting for owner-operated stores, according to research from CB Richard Ellis (CBRE).
