Retail
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Pepco sells Poundland for £1 with dozens of store closures
All 800-plus stores will transfer over to Gordon Brothers
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Hammerson completes first phase of repositioning at The Oracle
In total, 120,000 sq ft of space has now been repositioned
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Stansted airport appoints Rapleys to lead £700m retail revamp
The expansion will add an extra 177,604 sq ft to the airport
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Commercial property ‘turns a corner’ in regional cities
Lender Together predicts peak yields and high profits in the three cities
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Acai Group launches Midtown mixed-use sale
The High Holborn asset is being marketed as an opportunity to add value and increase rents
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AEW UK REIT snaps up Leicester leisure park
Tenants include Odeon, Mecca Bingo and Nando’s
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Matalan to invest £25m in UK store estate
Investment will see the retailer open 10 new stores in 2025
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£500m Broxbourne town centre regen given green light
The mixed-use scheme is expected to support 2,500 jobs once complete
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Estates Gazette’s must reads: 2-6 June
A round-up of some of our best stories this week
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Huddersfield’s Kingsgate centre hits market for £36.2m
The shopping centre is anchored by The Light cinema
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Hammerson chief executive Rita-Rose Gagné to step down
Search for successor begins ahead of 2026 departure
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NewRiver REIT gears up for next phase of growth after ‘transformative year’
Chief executive said Capital & Regional acquisition is bearing fruit