Retail Property Pulse: Site Openings, Requirements & Insights

Market News & Insights

- HSBC Signs New Lease – Canary Wharf remains a thriving mixed‑use neighbourhood. HSBC’s new 15‑year lease at 40 Bank Street underscores its robust appeal for global businesses. The estate complements its workplace offerings with a dynamic lifestyle ecosystem featuring over 320 shops, 80 bars, cafés, and restaurants, groceries, pharmacies, and health clubs all within a 15‑minute walk. This, alongside record retail footfall of more than 72 million in 2024.

- Savills Reports Renewed Investor Confidence in Shopping Centres - According to new research by Savills, the UK shopping centre investment market is showing encouraging resilience. Despite a quieter first half of 2025, market fundamentals remain strong with steady investor appetite for prime retail assets and a much-improved borrowing landscape.

 

Site Openings

  • - Sainsbury's – Opens new 9kfs supermarket with Argos Collection and four 22kw smart charge bays in Yatton (Somerset); one of 40 planned new stores for this year.
  • - The LEGO Group – Announce the launch of a new store at Victoria Square in Belfast, scheduled for Thursday 28th August.
  • - ZARA – Opens new flagship store at Manchester’s Trafford Centre on Wednesday 7th August, following a re-location in the centre and an expansion of its previous space.
  • - Premier Inn – Opens new hotel in Manchester City Centre, at the heart of the city’s bustling Northern Quarter.
  • - Space NK – Opens new 5,000 sq ft flagship store on Oxford Street in London, on the ground floor of the historic former Topshop building.

 

Requirements

  • - Holland & Barrett – Having recently completed a relocation in Ipswich Holland & Barrett are on the lookout for new stores in over 30 locations across the UK. Size: 1,500 – 2,000 sq. ft.
  • - Esquires Coffee UK – With over 65 stores already, Esquires have further requirements in over 30 locations across the UK including Hampshire, London, Wiltshire and Somerset. Size: 1,250 – 2,250 sq. ft.
  • - Yolé – With over 100 new sites opened globally in the last 3 years, Yolé are on the hunt for their next location across London and Essex. Size: 300 – 1,000 sq. ft.
  • - Tiger Boba – With 7 locations across London and Kent, the Sushi & Bubble Tea brand is looking for a further 18 locations in London and 12 in Kent. Size: 750 – 1,500 sq. ft.
  • - KERB – On the lookout for its next flagship KERB food halls and white-label food halls to join KERB’s portfolio in London, Berlin, Copenhagen and San Francisco.

 

Latest News From GRO Retail – UK retail property’s largest dealmaking event (30 Sept & 1 Oct 2025, London)

 

CALL FOR FEEDBACK: Have we missed anything? Please let us know at: marketing@groevents.com

 

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