| February 2007 | Oxford Retail Consultants provided consultancy to Donaldsons acting for
Evans Property on the recent rent review of the Tesco, Ferrymuir. Rental uplift from £13/sq ft to £17/sq
ft was awarded. |
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| November 2006 | Oxford Retail Consultants provided consultancy to
Thurrock Thames Gateway Development Coroporation. Please see article below from EG News
25 November 2006. |
| | | The Thames Gateway will lose up to £700m
of private sector investment in the next five years if the government supports a block on further
development around Lakeside shopping centre in Essex. |
| | | The claims were made by the Thurrock Thames Gateway Development Corporation this week as it lobbied for secretary of state Ruth Kelly, in her official response next month, to overrule a government-backed review of the East of England Regional Assembly's draft plan. |
| | | The review, published in June, calls for a ban on any further retail being developed around the Lakeside basin to protect nearby shopping centres. |
| | | A report for the TTGDC by retail analyst ORC Partnership, however, claims that a 1m sq ft extension to Capital Shopping Centres' Lakeside shopping centre would have minimal impact on nearby centres. |
| | | Niall Lindsay, chief executive of the TTGDC, said: "I have £700m of private sector investment lined up for Lakeside. |
| | | "The centre can comfortably and sustainably accommodate 1m sq ft of new retail by 2011. We therefore question the admissibility of the EERA review, which flies in the face of the government's plans for the Thames Gateway. To disable Lakeside simply cannot be allowed." |
| | Nick Aspinall, Rob Wilkinson and Sue Browne will be attending this years BCSC conference in Manchester. |
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| August 2006 | ORC provided consultancy to The British Land Company in relation to the rent review of Sainsbury’s Chiswick. Please see article below from EG News 19 August 2006. |
| Retail rent bonanza: |
| | | Sainsbury's will have to pay an extra £10 per sq ft on a west London superstore, following a rent review. |
| | | At arbitration, a base rent of £30 per sq ft was set at the 75,700 sq ft British Land-owned property in Chiswick, W8 -- up 42% on the £21.05 per sq ft passing rent. |
| | | The decision is likely to send a ripple through the foodstore industry and set a new benchmark for leasehold supermarkets. |
| | | Paul Wilkinson of retail specialist Wilkinson Williams said: "Rental values will increase by about 10% at other prime South East foodstores because of this review. Outside London, it should have the effect of increasing rents from £22.50 per sq ft to £25 per sq ft." |
| | | The impact on the UK's two largest property companies could be extremely significant. BL holds £1.8bn of supermarkets, while Land Securities has a £400m portfolio in the sector. |
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