Federated Hermes, the global investment manager, has completed a letting with specialist pensions administrator Trafalgar House to take 5,548 sq ft of space at Ascent 4, within the Farnborough Aerospace Centre.

centre:mk, one of the UK’s top 10 shopping centres, on Monday reunited shoppers with their favourite brands as over 80 stores re-opened including Primark, Next and TK Maxx. Consumers across the country flocked to the shops, and average transaction values at centre:mk were four times higher than pre-covid levels, as footfall soared on the first day back.

CBRE Global Investors has today announced that London-based construction firm, RED, has been appointed to complete the refurbishment and reimagined Angel Central, Islington, by late November.

One of the UK’s premier family activity providers, Gravity Active Entertainment, has become the latest operator to officially sign at Time Square, the mixed-use destination in the heart of Warrington town centre.

RPMI Railpen (Railpen), the investment manager for the £30bn railways pension scheme, has acquired the commercial ground rent secured against a hotel next to Gatwick Airport. The former 185-room property is let on a 150-year lease to Axcel Hospitality Group.

A new Covent Garden Community Centre (CGCC) Food Bank initiative has been launched in Seven Dials, in collaboration with the Felix Project and Camden Council, to support vulnerable adults and families in the local area due to the effects of coronavirus.

Grosvenor Europe is preparing to reopen Liverpool ONE, following the Government’s announcement allowing all non-essential stores to re-open from 15 June. The Liverpool ONE team has been working around the clock to ensure visitors will remain safe and assured at all times upon their return.

Icon Outlet at The O2 has announced it will reopen its doors at The O2 on Monday 15 June. The re-opening of Icon Outlet is part of a phased re-opening approach for the world’s most popular music, entertainment and leisure venue…

LabTech has revealed its detailed plans to re-open Camden Market on June 1 following the government’s latest announcement on the easing of the lockdown. Implementing a phased approach, LabTech will be fully supporting its tenants as they return their businesses back to the new reality. This includes an extension of the rent-free period for all traders LabTech introduced three months ago.

Deliveroo convenes legal, property and restaurant industry specialists to help the restaurant sector navigate the challenges facing the sector, including practical considerations with rent negotiations and lease restructuring…

Shaftesbury has announced a village-wide programme of initiatives to provide support for consumers, residents and operators during coronavirus. Reflecting the unique nature of its West End portfolio, Shaftesbury is bringing-to-life virtually Chinatown, Seven Dials and Carnaby with a programme of unique digital content created by tenants to entertain, educate and inform people while they remain unable to visit the villages in person.

Grosvenor Europe has announced the signing of Maggie Fu, a Liverpool-based independent Asian street food restaurant, for a 4,700 sq ft unit on Liverpool ONE’s Hanover Street.  The new restaurant will be Maggie Fu’s second and serve as its flagship. 

CACI, the consumer and location intelligence specialist, has identified ten ways in which consumer outlook and behaviour has changed as a consequence of Covid-19 and the lockdown.  According to the findings, there have been significant step changes across every aspect of the British consumer’s life with a new ‘safety-first consumer’ mindset emerging

Today, The London Restaurant Co-operative has announced it has delivered over 9,000 meals to the NHS. The not-for-profit social kitchen was launched by Maison Bab and Le Bab co-founders, Stephen Tozer and Ed Brunet at the end of March.

Some of the most successful names in business have banded together to offer free CEO to CEO mentoring, coaching and advice for companies in the UK and Ireland affected by the Covid-19 crisis. The All Together mentoring initiative has drawn a top-level team of 100 well known, cross-sector CEOs, chair-people and investors all offering their help, expertise and an empathetic ear on a voluntary basis.

CACI, the consumer and location intelligence specialist, has identified five key trends revealing how consumer behaviour is likely to change as the government prepares to announce its recovery roadmap. According to CACI’s latest research, consumers have jumped forward five years in two weeks, creating a turning point likely to change consumer behaviour forever.

Roll back not too far, and the choices for home delivery, particularly outside cities, were pretty limited. While Deliveroo, JustEat, UberEats and others introduced much greater choice as London’s burgeoning restaurant scene leapt at the opportunity to grow brands and build incremental sales, the benefits remained largely within the confines of the M25 and major cities. Great for those with an urban postcode, but what about the rest of the population?

Shaftesbury has announced the introduction of a digital initiative to ensure the community and consumers can remain connected to Seven Dials during the lockdown. Called Seven Dials @ Home, the campaign features curated content created in partnership with Seven Dials’ restaurant and retail occupiers for their social media followers.

Liverpool ONE has launched a programme of family-orientated online initiatives to help the community stay entertained during lockdown. Responding to research showing that having a focus and interest enhances overall mood and gives an improved sense of well-being, Liverpool ONE has created a series of virtual experiences that can be enjoyed via social media.

Take a moment to look at the havoc wrought in the last few weeks: Debenhams, Carluccio’s, Laura Ashley, Cath Kidston and more have all entered administration or are about to. £7.7bn has been lost in market capitalisation from the top four UK retail REITS; 66% of March rent was unpaid; 500,000+ non-essential stores banned from trading; and footfall down 90%+. The tide has gone out and left everyone exposed. The question needs to be asked – can retail survive the coming months?