A retail shop To Let in High Street, Rickmansworth. Ground floor retail unit.

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A retail shop To Let in High Street, Rickmansworth. Ground floor retail unit.
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Wed May 28 2025
The John Lewis Partnership (JLP) has been given the green light to redevelop its Waitrose store in West Ealing and build hundreds of new homes nearby. The original application – which outlined the transformation of the existing Waitrose store and adjacent car park to create 428 homes – was originally made in summer 2023 but was initially rejected. A government planning inspector has now confirmed the plans have been given the go-ahead after JLP submitted an appeal in summer 2024 on the grounds of a ‘non-determination’.
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%.