Retail Park
Occupiers include Staples, B&M Bargains, Jollyes and Burger King
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Rent: £23,000 - £23,000
Size: 1,244 sq ft - 1,244 sq ft
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Latest retail news in Willenhall
Hammerson completes £319m Bullring acquisition
Fri Aug 08 2025
Hammerson has completed the acquisition of the 50% stake it did not previously own in Birmingham's Bullring and Grand Central for £319m. The real estate investment trust previously said that the acquisition will be funded through the suspension of its share buyback programme, existing cash resources, and an equity placing of up to 10% of total outstanding shares. Since 2021, Bullring has benefited from over £30m of landlord investment and £75m occupier investment to reposition the former Debenhams unit and bring in new retail concepts, upsizes, and offers from the likes of M&S, Inditex, Sephora, and JD Sports, alongside new leisure provision including TOCA Social and Lane7.
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Hammerson acquires remaining Bullring & Grand Central stake for £319m
Thu Jul 31 2025
Hammerson has reached an unconditional agreement to acquire the 50% stake it does not own in Birmingham's Bullring & Grand Central for £319m. The real estate investment trust said the acquisition will be funded through the suspension of its share buyback programme, existing cash resources, and an equity placing of up to 10% of total outstanding shares. Hammerson said the purchase was completed at a 4% discount to the June book value, and represents an additional annualised net rental income of around £22m.
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Merry Hill completes letting of former Debenhams after signing anchor leisure operator
Wed Jul 09 2025
The former Debenhams department store at Merry Hill shopping centre in the West Midlands has been fully let after the signing of Funstation as its anchor leisure operator. The 23,700 sq ft venue – called 'Carnival Golf & Games' – will offer multiple indoor golf courses alongside immersive video, virtual reality games, and escape rooms. Funstation becomes the third operator to take space at the former Debenhams store at Merry Hill, joining retailer Harvey Norman and fitness operator XF Gym.
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