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Landsec secures 92 percent stake in Liverpool One

Real estate firm Landsec has announced the acquisition of a 92 percent stake in UK shopping centre Liverpool One, for an overall consideration of 490 million pounds. The stake was snapped up from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), which previously held a 69 percent stake, and property group Grosvenor, which...

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Mayfair opens sustainable store of the future, where materials are borrowed, donated, repurposed, recycled and plastic-free

Mayfair is home to a new sustainable department store called The Good Store. Housed on the fashionable South Molton Street, the new 6,000 sq ft space features a range of products from clothing to health, beauty and homeware, while simultaneously promoting environmental and community projects. Unique to The Good Store is that it is plastic-free,...

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