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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.
Thu May 15 2025
A retail and leisure investment opportunity in the heart of London's 'Tech Belt' has been placed on the market with a price tag of £15.95m, reflecting a net initial yield of 7.75%. The subject property is located within Goodman's Fields, a 7-acre mixed-use estate, and comprises 12 commercial units at ground floor level providing 38,717 sq ft of accommodation. The 12 units are primarily let to retail, leisure, and food and beverage brands, with tenants including Amazon Fresh, Pizza Union, Boom Battle Bar, Power-Up Tavern, Kova Patisserie, 12X3 Boxing, Movement Labs, Zia Lucia, DanDan Noodle, Tian Tian Market, Sai Pharmacy, and Knife-Sliced Noodles.
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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