Schroders acquires Romford warehouse and leisure scheme

The Schroder UK Real Estate Fund as announced it has partnered with Zurich Investment Foundation Immobilien Europa Direkt (IED) to acquire The Brewery, a prime supermarket anchored, retail warehouse and leisure scheme in Romford, Greater London for £162 million in a 50:50 joint venture. The Brewery comprises a 21-acre site with 545,478 sq ft of retail and leisure space anchored by national operators including a Sainsbury’s superstore, Nuffield Health, The Range, Boots, Pure Gym, a 16-screen Vue Cinema and several food and beverage outlets including Wagamama, Starbucks and Costa Coffee.…

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This is what the high street of the future will look like

John Timpson knows a thing or two about the high street. The chairman of the UK shoe-repair chain that bears his family name was, after all, entrusted to lead a 2018 government review into what the future UK high street would look like. Though at one time he envisaged a future where the number of shops in British town centres would have halved, he could never have imagined how quickly that revolution would come. The impact of the pandemic on our towns and cities has, he says, been seismic: “What…

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Taxes on stock trades may surprise new investors

This year’s tax filing season begins on January 24. Some new, younger investors may be in for a surprise.  Last year’s trading frenzy over “meme stocks,” such as AMC Entertainment and GameStop, could now have an unexpected impact on 2021 tax returns. “Last year was a really interesting year in terms of investors, especially younger investors,” said Apex Fintech Solutions CEO Bill Capuzzi, “what they bought, when they sold, why they bought, why they sold.” Apex, the digital clearing platform for many investing apps, including SoFi and Stash, analyzes about one million trading…

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