Retail Park
Prime scheme anchored by large Sainsburys foodstore. Retailers include Next, Sports Direct, Boots and McDonalds.
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Latest retail news in Theale
Hammerson takes full ownership at Reading's Oracle with £104.5m acquisition
Fri Nov 21 2025
Hammerson has acquired full control of The Oracle, Reading, after purchasing the remaining interest from its joint venture partner, a subsidiary of the Abu Dhabi Investment Authority, for £104.5m. The real estate investment trust said this purchase price reflects a yield of 8.9%. Under Hammerson's part-ownership, The Oracle has undergone investment over the last few years including the repurposing of the former House of Fraser store to introduce Tk Maxx and Hollywood Bowl to the scheme.
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Flight Club to join Reading's £850m Station Hill development
Wed Nov 19 2025
Social darts venue operator Flight Club is set to join Reading's Station Hill after signing a 15-year lease at the £850m mixed-use development. The leisure operator will take a 6,211 sq ft unit at ONE Station Hill, the 275,000 sq ft office space that anchors the centre of the Station Hill scheme. The venue will front over two acres of new public realm which has connected the town centre to Reading Station and provided a number of open spaces.
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Mango to open flagship store at Basingstoke's Festival Place
Wed Aug 20 2025
Mango is set to open a new store at Festival Place in Basingstoke later this year. The fashion retailer's 7,104 sq ft space features the brand's 'New Med' concept, and offer a range of women's and men's clothing. Mango joins over 180 retailers at Festival Place, and becomes the scheme's first major signing since MDSR Investment's acquisition of the scheme in April for £99.1m. This latest opening forms part of Mango's latest strategic plan, which includes a roadmap to expand the retailer's store portfolio across the UK.
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