Liberty International has confirmed that it is to split into two separate quoted companies – Capital Shopping Centres and Capital & Counties.

Metric Property Investments, a specialist retail property investor formed by three ex-British Land directors, is to raise £150m by floating on the London Stock Exchange.

Retailers are losing out on customer loyalty by using complicated and unclear returns policies for goods bought online.

Capital & Regional, asset manager of the Mall Fund, has completed the sale of the St George's Shopping Centre in Preston to Aviva Investors Property Trust for £87m reflecting an initial yield of 7.64 per cent.

A new iPhone App has been created to help shoppers find the cheapest car park when they make a trip into town. The Nosey Parker is the only application to provide specific car park locations and prices in the UK, with a database containing 13,400 car parks offering a total 1.8 million spaces.

Dutch property investor Meyer Bergman has acquired a 50 per cent stake in The Bentall Centre, Kingston-upon-Thames, from Aviva for around £130m.

City Site Estates, landlord of the Mercat shopping centre in Kirkcaldy, Fife, is preparing a 250,000-sq ft retail extension to existing shopping centre,

Prupim has thrown down the gauntlet to its rivals by allowing its retail tenants to pay rent monthly for another year

Coplan Estates and Denne Construction have been selected as preferred development partner by Canterbury City Council for the £50m mixed use redevelopment of a key site in the heart of Herne Bay on the north Kent coast.