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Schroders acquires Romford warehouse and leisure scheme

27th January 202221st January 2022 Retail Destination

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.…

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

26th January 202221st January 2022 Wired

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…

Could tech save the high street?

24th January 202221st January 2022 Property Week

All areas of life are enriched by our digital connections, from our relationships with family and friends to the way we interact with colleagues and service providers. It was technology that helped us to survive lockdown by providing a lifeline to the outside world – and it will continue to be of vital importance as we look cautiously but hopefully towards a post-pandemic future. Some things will never be the same again – in particular the popularity of a flexible, hybrid approach to working from both home and office –…