Up for sale - the Hammerson retail park portfolio

07 August 2018 by Ronald Nyakairu

In July’s half year results Hammerson announced a change in strategy to shift focus more on their premium outlet and shopping centre schemes. To allow for this focus, they are expected to dispose of their retail park portfolio, selling off their 14 retail parks, the largest being the Central Retail Park in Falkirk and the smallest the Brent South Shopping Park in North London. With this news, I am going to use LDC data to understand the portfolio’s strengths and weaknesses as well as any potential opportunities for prospective buyers. My analysis will look at the occupancy rates across the portfolio, the LDC Health Index rating and the occupier covenants based on their historical openings and closures and the performance of their respective categories.

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Four ways footfall data can power investment strategy

18 April 2018 by Clara Molin

LDC’s SmartStreetSensor footfall tracking network now comprises over 1,000 allocated devices, ranging from Aberdeen down to Plymouth and a huge range of locations in between. As our network continues to grow in size, it also grows in value each week as more sensors age and start to yield comparable year-on-year insights. With many in the retail and investment market acknowledging a challenging environment, the need to use data as evidence to intelligently discover where opportunities lie has become more critical than ever. LDC has been tracking the retail and leisure market for over 10 years now, and through our powerful combination of field and desk research, we have built a rich database of historical trend information which can help us to predict where this market will go next. However, we believe that the next frontier in understanding how our retail locations are used is being able to track footfall, not just coming into stores and assets, but also the pavement opportunity outside.

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[Videos] Retail opinion and insights from the panellists at our 16th Retail and Leisure Trends Summit

22 September 2017 by Noelle Ghanem

At our 16th Retail and Leisure Summit we interviewed some of the experts from our panel who shared with us their opinions on the current and future state of retail, as well as sharing valuable insights on what challenges they foresaw for occupiers and investors.

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An in-depth look at 3 GB retail parks currently on the market, showing the key points for potential buyers

29 September 2016 by Noelle Ghanem

Last week, it was announced that three retail parks are being put up for sale. People have inevitably started asking if that could be the first sign of the revival of investor activity.

The biggest of the three assets is the Interchange Retail Park in Bedford - on the market for £103m. The other two retail parks are based in Scotland: The Kingsgate Shopping Park (Glasgow) for £100m and the Kittybrewster Retail Park (Aberdeen) for £40m.

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How Cabot Circus in Bristol is helping the South West become a leading UK retail destination

25 August 2016 by Noelle Ghanem

On August 22nd, Hammerson announced that global retailers COS and Monki were to open new stores in Cabot Circus Shopping Centre in Bristol. 

Bristol, located in South West England is the UK's eighth most populous city. The city is always looking for sustainable growth. Last year, Bristol invested in transport improvements and committed a budget for energy efficiency and renewable energy by 2020. 

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Britain’s shops start to fill again but the number of long term voids increases to 1 in 20 shops

11 March 2016 by Matthew Hopkinson

Last week we held our 13th Retail Health Summit at the London offices of Berwin Leighton Paisner and published its latest report on Great Britain’s vacancy rates from the second half of 2015. The report titled ‘Restructure and Recovery’ analyses 2,179 towns, shopping centres and retail parks that LDC visited in the second half of the year. It provides the most comprehensive insight into the health of the country’s shopping destinations and how they are changing.

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What can you learn at a 3-day shopping centre asset management course?

06 November 2015 by Local Data Company

A few weeks ago, I was lucky enough to attend the 3-day shopping centre asset management course, which is run by Bayfield Training. The 3-day event is targeted at giving attendees a full run through of the operations, management, marketing and financials around shopping centres.

I found the course extremely useful. It gave me the chance to sit at the other end of the table and understand what goes through the minds of shopping centre owners/asset managers when they are determining strategy or making key decisions on acquisitions, leasing and disposals.

Here are my key takeaways from the course: 

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Bridging the Gap Between Ecommerce and Bricks-and-Mortar: How Retail Will Change in 2015

05 March 2015 by Local Data Company

Over £100 billion worth of sales in UK retail all happened via digital channels last year.

Reported by IMRG and Capgemini, online sales figures surpassed the hundred billion pound mark for the first time last year in an upward trend that’s set to continue. Forecasts suggest a further 15% uplift in 2015, meaning online sales will account for over £116 billion.

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Location Analysis: Tamworth – Employment Boom, High Street Gloom

19 February 2015 by Local Data Company


It was interesting to read a recent article on the BBC website by Ian Pollock (12th February 2015) about the current ‘boom’ in Tamworth. An area that I am only really familiar with because, as a keen snowboarder, it has a SnowDome.

The article points to the positive influence that logistics companies in the area such as Ocado, TNT and UPS, together with high speed transport links to both Birmingham and London, have had on the areas wage and unemployment statistics.

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Does opportunity knock for all of Scotland’s towns and cities?

04 December 2014 by Local Data Company

40% of empty shops in Scotland’s towns have remained vacant for more than three years!

This week we  published our second report on Scotland’s towns and cities in partnership with The Institute for Retail Studies, The University of Stirling. The report’s key findings were presented at the offices of KPMG in Edinburgh byProfessor Leigh Sparks of The University of Stirling.

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