Retail Park
The retail park is adjacent to Brook Retail Park, which accommodates both Pets at Home and Oak Furnitureland. The scheme is 65,000 sq ft and existing tenants include Homebase & Tapi.
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Shops for let at Retail Centres in Ruislip
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Latest retail news in Ruislip
Hammerson completes £186m Brent Cross acquisition
Wed May 21 2025
Hammerson has completed its acquisition of Brent Cross, purchasing the remaining units of the Greater London shopping centre for £186m. The real estate investment trust has acquired 95% of the units in the Abrdn UK Shopping Centre Trust (SCUT), which holds the 59% of Brent Cross not already owned by Hammerson. The group said the acquisition price represented a 6% discount to the December 2024 book value, and reflected a net initial yield of 8.
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Canada Life sells Richmond retail investment for £3m
Wed May 14 2025
Canada Life Asset Management has completed the sale of a retail property in Richmond-upon-Thames for £3m. The property, located at 2-6 Hill Street and 2 Red Lion Street, is leased to Waterstones until January 2030 and produces an annual rental income of £172,500. The asset – which spans a total area of 6,179 sq ft across three floors – was sold at a 20% premium to the £2.5m asking price, reflecting a net initial yield of 5.
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Hammerson looks to take full control of Brent Cross
Tue May 13 2025
Hammerson has confirmed that it is in the process of acquiring full control of Brent Cross shopping centre in Greater London. The real estate investment trust said that it intends to acquire the units within Abrdn's UK Shopping Centre Trust (SCUT) – which holds the 59% of the scheme not already held by Hammerson – for a total consideration of £200m. Hammerson's existing stake, together with the SCUT units it has already acquired or for which contracts have been exchanged, currently represents an interest in Brent Cross of over 90%.
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