East London Meet the Buyers’ Post

LEASED | We’re thrilled to announce that within just 4 weeks, we successfully secured an immediate absorption of the lease tail for Central Element at Shop 5, Sheraton Grand Sydney Hyde Park. Is your current lease no longer serving your needs? Let’s have a confidential chat about how we can strategically assist in optimising your lease situation. Reach out to Matt Hudson for a tailored solution. #CommercialRealEstate #LeasingSuccess #PropertyStrategy #SydneyCBD #HudsonCapital

Unibail-Rodamco-Westfield (URW) has begun consultation on a Masterplan Framework that incorporates the Whitgift Centre, Allders and the immediate surrounding area of Croydon’s town centre, branded as ‘The North End Quarter’ in the Local Plan. The aim is to transform the area into a vibrant, mixed-use destination that brings together homes, shops, cultural venues and public spaces. https://ow.ly/JMws50U6TLO Check out thesectorscope for news and analysis on how the UK's retail sector is evolving.

Fort Kinnaird has set a new benchmark in 2023 with a record 13.8 million visitors, showcasing the strength of our retail parks model. Sam Brown MRICS, Asset Manager for this 560,000 sq ft leisure and retail destination on the A1 near Edinburgh, recently shared insights with Completely Retail on the growing appeal and potential of accessible, out-of-town retail parks for both customers and a diverse range of occupiers. Fort Kinnaird is home to leading high-street fashion, beauty, health, food and beverage, and leisure brands, alongside thriving local independents and a multiplex cinema. In the past year, visitors frequented the park up to 28 times, with an impressive 96-minute dwell time. This has driven a remarkable 78% retail spend conversion rate and a 67% average conversion rate in catering. As one of the UK's largest retail park owners and operators, British Land holds 8% of the market and continues to see strong leasing momentum, with 99% occupancy across our portfolio. Find out more about leasing at Fort Kinnaird and our ongoing plans for 2024: https://lnkd.in/euHSpRiV #CommitAndCollaborate #RetailParks #Retail #RealEstate

Lessing’s Hospitality Group has acquired the former headquarters of the Suffolk County Water Authority in Great River, where the company will establish its new Long Island headquarters. https://lnkd.in/gtAvphr9

Yesterday at CBRE NI’s annual Outlook 2025 event, CEO Brian Lavery announced that Belfast’s first low carbon aparthotel, room2 hometels | B Corp™, has been offered for sale with a guide price of £21.2 million. Read the full story on our website: https://bit.ly/4aHrbc3   #LighthouseCommunications #CBRENI #room2 #NorthernIreland 

Great to see the hard work coming to fruition and the transactions completing across the wide range of sectors we operate. Buyer interest remains good for operational real estate where underlying fundamentals are strong

Everyone Active - SLM has secured a 15-year contract to manage The Brentwood Centre and Hartswood Pavilion in Brentwood – as well as the Clements Hall Leisure Centre and Rayleigh Leisure Centre in Rochford. Brentwood Borough Council and Rochford District Council awarded the contract as part of a joint procurement process. Both councils agreed to work collaboratively to develop the joint contract to secure economies of scale over a larger portfolio and to attract greater interest from the operator market. The new contract will commence on 1 April 2025. Everyone Active will now start its mobilisation process, running from January 2025 through to March 2025, which will enable a smooth transition in the run-up to take over the contract. Both Rayleigh Leisure Centre and Clements Hall Leisure Centre are currently operated by Fusion Lifestyle. Read more: https://lnkd.in/eNBqURWf #PublicLeisure #HealthClub #PhysicalActivity #LeisureCentre Duncan Jefford,

Grosvenor Services has announced the retention of its FM contract at Europe’s largest shopping centre, Westfield London, marking a significant achievement in its long-standing partnership with Unibail-Rodamco-Westfield (URW) https://lnkd.in/eN6asjz8 #westfield #london #contract #partnership #shoppingcentre

Solid article about the rise of leisure retail and the role that concepts like The Upside Down and The All Out can play in the leisure retail / real estate industry.

We are thrilled to share that Mason Owen is appointed by current custodians General Projects to assist with Royal Albert Dock Liverpool lease renewals and rent reviews on the retail and food and beverage units nestled within this iconic site. We very much look forward to working with General Projects and supporting them with their asset management goals of preserving, enhancing and injecting new creativity into what is one of the city’s most iconic destinations. For more information on how Mason Owen can support you, contact Wayne Blount-Powell FRICS ACIArb, or Callum McDougall MRICS #commercialpropertyconsultants #assetmanagement #leaserenewals #rentreviews #propertyinvestments