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Estée Lauder to close 15 percent of its stores
Estée Lauder to close 15% of its stores

The Estée Lauder Companies has unveiled plans to close 15% of its stores and concessions across its global real estate portfolio. Due to COVID-19 Directives, many retail stores across ...

Trei opens its 18th retail park in Poland
Trei opens its 18th retail park in Poland

Trei Real Estate has opened its 18th retail park under the Vendo Park brand in Poland. The retail property is located in Solec Kujawski in the Kuyavian-Pomeranian voivodeship. The town of ...

Pizza Express to close 73 restaurants (GB)
Pizza Express to close 73 restaurants (GB)

Pizza Express has launched a proposal to reduce its UK restaurant estate and rental cost base via a company voluntary arrangement (CVA). The CVA is intended to improve the operational ...

Fashion sees the most insolvency activity in 2020
Fashion sees the most insolvency activity in 2020

This year has seen levels of insolvency activity similar to that of 2019 however, with Q4 still remaining, we are likely to see an increase in the prevalence of operators facing financial difficulty ...

Frenchgate expands its F&B offer (GB)
Frenchgate expands its F&B offer (GB)

The Frenchgate Partnership, owners of the Frenchgate Shopping Centre in Doncaster, has signed two Irish F&B brands for their debut sites in the UK.  WOWBURGER and Elephant & Castle are ...

FIM Group acquires German retail portfolio for €86.4m
FIM Group acquires German retail portfolio for €86.4m

M7 Real Estate, acting on behalf of M7 ISLAY, of a portfolio of 27 retail properties in Germany, to the FIM Unternehmensgruppe for €86.4m. The portfolio, which includes a mix of high ...

Haidilao chooses Bullring for first restaurant outside London (GB)
Haidilao chooses Bullring for first restaurant outside London (GB)

Hammerson has announced that Haidilao, China’s largest hot pot restaurant chain, has selected Bullring for its first site in the UK outside of London. The 8,073ft² restaurant will ...

Supermarket Income REIT acquires Morrisons store in Telford for €16m (GB)
Supermarket Income REIT acquires Morrisons store in Telford for €16m (GB)

Supermarket Income REIT has acquired a Morrisons supermarket in Telford, Shropshire for c.€16m (£14.3m), reflecting a net initial yield of 5%. The deal represents a ...

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