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LXB Retail make progress at Rushden Lakes, updates on residential work

Thu, 25th Jun 2015 07:59

Real estate investment company LXB Retail Properties said it has a major anchor tenant for its Rushden complex, as it updated the market on residential projects. LXB said House of Fraser will join M&S and H&M in the £140m Rushden Lakes complex and said there were further discussions with other retailers. The department store will lease 32,000 sq ft of ground floor space.In an update, LXB also said it was closer to gaining planning consent for its Threemilestone development of 435 houses, as the National Planning Casework Unit has decided it does not require a public inquiry.The developer said its plans still require approval of detailed design and road works, the preparation of which was still ongoing.Meanwhile the company said it has completed the £12.5m sale of its investment at Sutton to Linden Homes.LXB Retail shares were up 1.1% at 88.5p by 08:43.

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DIRECTOR DEALINGS: LXB Development Director Buys Shares

LONDON (Alliance News) - LXB Retail Properties PLC Friday said Development Director Jon McCarthy bought 153,846 shares at a price of GBP1.30 per share. Following this transaction, McCarthy holds 1.2 million shares which represents 0.66% of the issued share capital. Shares in the real

29 Jan 2014 12:37

LXB Retail Properties Signs More Pre-Lets At London And Bedfordshire Sites

LONDON (Alliance News) - LXB Retail Properties PLC Wednesday said it has exchanged contracts with high street favourite Primark for 60,000 square feet of space on a 15 year lease at its Banbury Gateway retail investment which is currently subject to a legal dispute. Last month, the High Cou

31 Dec 2013 08:37

DIRECTOR DEALINGS: LXB Retail Properties Finance Director Of LXB Advisor Buys Shares

30 Sep 2013 16:34

PZ Cussons Chairman raises stake above 54,000

The Chairman of consumer products company PZ Cussons has acquired just over 3,000 shares, increasing his stake above 54,000. Richard Harvey purchased the shares at 411p a piece for a total spend of £12,371, just a few days after the company said its results for the last quarter were in line with ex

30 Sep 2013 12:40

DIRECTOR DEALINGS: LXB Retail Properties Non-Exec Director Buys Shares

18 Sep 2013 15:04

DIRECTOR DEALINGS: LXB Retail Properties Executives Buy Shares

17 Jun 2013 07:37

LXB Retail Properties grows NAV and profits in first half

Jersey-based retail real estate group LXB Retail Properties saw decent growth in both net asset value (NAV) and profits in its first half, according to a statement on Monday, while it announced a number of 'substantial' transactions in Greenwich. The company, which is focused mainly on edge-of-town

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LXB Retail make progress at Rushden Lakes, updates on residential work

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