Morrisons to close 100 ‘loss-making’ convenience stores

The supermarket chain plans to close stores acquired from McColls, but press on with plans to open up to 250 convenience outlets. The post Morrisons to close 100 ‘loss-making’ convenience stores appeared first on Property Week.

Supermarket giants call for ‘level playing field’ in regulatory battle against Aldi and Lidl

Iceland, Morrisons and Sainsbury’s argue that the German discounters should now be classified as large grocery retailers, and so be included in a ban on practices preventing rivals opening nearby stores. The post Supermarket giants call for ‘level playing field’ in regulatory battle against Aldi and Lidl appeared first on Property Week.

Supermarket Income REIT increases loan for Blue Owl JV to £437m

The interest-only facility matures in June 2028, and benefits from two one-year extension options. The post Supermarket Income REIT increases loan for Blue Owl JV to £437m appeared first on Property Week.

Supermarket Income REIT closes in on £1bn value target for Blue Owl JV

H2 2025 results show deals including the £196m purchase of 10 Asda stores have more than doubled the value of the seed portfolio since the JV's launch almost a year ago. The post Supermarket Income REIT closes in on £1bn value target for Blue Owl JV appeared first on Property Week.

HBD sells Warminster supermarket and retail units for £8.6m

The purpose-built 29,350 sq ft property is fully let and is located on a two-acre site on the edge of Warminster town centre. HBD completed the development in 2012. The post HBD sells Warminster supermarket and retail units for £8.6m appeared first on Property Week.

How 'Dark Stores' Are Speeding Up Grocery Deliveries | WSJ

Speedy grocery delivery is booming, but competition and high running costs could hinder growth. Startups are promising to deliver groceries to your doorstep in minutes, stepping up competition in the industry. Their strategy: to operate out of “dark stores.” WSJ visits some of these hyperlocal warehouses to see how they operate and the challenges they face.

RICS, Modus - Has COVID-19 changed how retail space is valued forever 15022021

With huge changes coming in the wake of the pandemic, we launch a new series in which RICS professionals predict global trends in valuing real estate assets