The question now is not how to repurpose retail space but how to understand its true value
Applications for change of use from shops to homes have doubled over five years, Radius data shows
Gyms and fitness studios have accounted for over half of all leisure sector planning applications
65% of the pubs to have closed since 2000 have seen plans lodged for a change of use to residential
Local authority spending has helped offset the fall in domestic and overseas investment
Belgian town has become a poster child for town centre regeneration by following Grimsey’s method
Analysis of the retail park sector shows that the next five years could be testing for landlords
Overseas investors are fast becoming one of the biggest owners of the UK’s high streets
More than one-third of vacant high street banks converted to restaurants, cafes and takeaways.
The introduction of MEES will drive interest in refurbishment and repurposing of industrial sheds
The UK’s deprived high streets will be hit hardest by new rules for fixed-odds betting terminals
Shopping centres need to differentiate themselves in order to keep up with what customers want
More than 60% of all new retail scheme proposals have been pushed back to the next decade
Surprising recommendation that permitted development rights be curtailed in new government report
Intu today revealed that weakening sentiment in retail has led to its assets “plummeting” in value
Changes in consumer behaviour are starting to dictate the value of shops in the capital
Almost two-thirds of the Toys R Us UK portfolio remains vacant a year after the retailer collapsed.
Just over 170,000 sq ft will be handed back to landlords after HMV is bought out of administration.
How can landlords protect themselves from the effects of plummeting footfall and sales?
Online spend is expected to breach the 20% mark for the first time during this year’s festive period
A decade without pick’n’mix – we take a look at the Woolworths collapse and what has happened since
HoF pulls plug on four stores after shopping centre owner refuses to grant rent reductions.
Since 2013 local authority spending across all property sectors has topped £4.6bn
Developers are finding it increasingly difficult to respond to the need for new logistics space
Change-of-use planning applications away from retail to other types are up 125% since 2013
Only 1.89% of empty shops are now let within the first three months of being marketed
Retail REIT plans to utilise car parking land by re-purposing spaces into PRS flats and hotels
The internet offers massive opportunities to physical retailers, not just the online powerhouses.
Reclassification will help identify an asset’s value by defining its function within the community
Overall levels of investment in retail real estate remained subdued in the opening six months of this year, with just over £3bn transacted – a 13% drop on H1 2017.
Planning activity for new food and beverage outlets in the capital continued to outstrip the rest of the UK, as London’s resilience to the dining crunch again proves we are a hungry bunch.
While London continues to lead the way when it comes to planning applications for new food and drink outlets, the premises are shrinking in size.
Westminster continues to attract the biggest share of investment in London, with the bulk of the money going into restaurants and bars
Just how long can the sector continue without a crisis of confidence?
Developers are finding it more difficult to respond to the need for new industrial space as planning activity drops across the UK despite considerable demand from retailers.
Once regarded as pivotal anchors in some of the country’s largest shopping centres and high street, the department store has struggled to adapt and reinvent in an age of retail evolution and unfortunate capitulation.
GVA has been appointed to find a buyer for the CAU restaurant leasehold portfolio by its administrator Deloitte.
COMMENT: The feel-good factor in the UK as well as the sun has returned. Have retailers maximised that opportunity?
GRIMSEY REVIEW 2: As lights go off in stores across the country, EG – using Radius Data Exchange – brings you an interactive view into how your area is faring during the retail crisis
GRIMSEY REVIEW 2: As a main data contributor, EG examines the figures behind the three main sections of the report and breaks down what you need to know about the retail landscape
COMMENT: For most football fans, the excitement and expectation of the World Cup will erode into anger and, finally, acceptance that behind the hope and blind faith, failure was always coming. Such emotions are being strongly felt in the retail market too – no more so than with the implosion of House of Fraser, writes EG retail and industrial analyst James Child
Almost 100 Carphone Warehouse stores are to be closed in 2018 as its new boss, Alex Baldock, issues a profit warning
The future of DIY chain Homebase could finally be resolved this week as Australian owner Wesfarmers seeks to end its association with the UK retail sector
Marks & Spencer plans to close 100 of its stores by the end of 2022 could release 3.8m sq ft of empty retail space
WATCH: With the onslaught of consolidations, closures and administrations so far this year – what are the prospects for the high street long term?
The ever-deepening retail crisis continues to strike at the heart of the food and beverage sector as today premium steak restaurant Gaucho announced that it is examining plans to close stores.
COMMENT: I really don’t like shopping, which as a retail analyst is perhaps a peculiar admission and probably not for this piece, but there it is. Apparently though, many people do. So why is the retail landscape seemingly heading face-first into apocalypse, asks EG’s retail analyst James Child.
The death of the high street has been talked up for the past few years, but there are survivors out there. EG has analysed take-up data from Radius Data Exchange to plot the most resilient, cyclical and best-performing cites and sectors over the past decade.
Mapped out: The Sainsbury’s and Asda stores within 1km of each other
Womenswear brand East Clothing will cease trading next week after a buyer could not be found by administrators FRP Advisory.