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The Pavilions Shopping Centre is a single storey town shopping scheme constructed in 1972 with further refurbishments added in 2000 and 2004, which included enhancement of both centre entrances. The Centre provides approximately 58 retail units, 28 externally fronting...
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1 available shop for rent
1 available shopping centre unit
Average annual rent £25,250
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.
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%.
Tue May 06 2025
Property management and building consultancy firm Workman LLP has been appointed by Sager House Almeida to provide property management services at Islington Square in London. Workman will work alongside asset manager Sovereign Centros to attract occupiers to the 170,000 sq ft scheme, which is located on Islington's Upper Street. Existing retail and leisure operators at Islington Square include Third Space, Odeon, a Heal's pop-up, Megan's, Anthropologie, and A.
