Evolve Estates acquires two Scarborough retail centres

Evolve Estates has acquired two prime town centre parades in the North Yorkshire seaside town of Scarborough: the Balmoral Centre, a 57,339 sq ft covered retail centre anchored by Wilko, and Bar House, on Aberdeen Walk, which has 17,602 sq ft of retail and leisure space over three floors.

The Times - Landsec wins plaudits with new strategy for retailers, 26112021

The Times reported several times this month on what seems to be a bounce back in fortunes for Land Securities; one of Britain's largest property developers The Times article of 26th November highlights Landsec's strategy for its Retail Centres, and previous Times' articles this month highlight its recent acquisitions and business plan strategy This can be compared to articles in November 2020 & May 2021 when losses and tenant defaults were experienced and asset disposals were being progressed

The Times - Hammerson's vacant shops to be given 'change of use'

Hammerson's are considering the potential of non-retail development of some of their Retail assets