News

Aldi to expand London estate with £40m investment

Aldi is set to expand its London estate this year with a £40m investment into eight new stores. The expansion targets areas within the capital and Greater London, with new stores planned in Hanworth, Willesden, Watford, Marble Arch, Hoxton, Orpington West, Epsom, and Stepney Green. In addition, existing Aldi stores in Enfield and Kilburn will also undergo refurbishments this year. This comes after the discounter opened a number of new stores within the M25 in 2025, including in Wimbledon, Fulham Broadway, Shoreditch, Caterham, Uxbridge, Old Kent Road, and Kentish Town, alongside an extension in Colindale. Jonathan Neale, managing director of national real estate at Aldi UK, said: “We know household budgets are still under pressure, and too many Londoners don’t have an Aldi within easy reach. These new stores will bring our unbeatable value to more families while creating around 200 new jobs across the capital.” The expansion forms part of Aldi’s wider investment in Britain, with the retailer set to invest over £370m in opening new stores across the UK this year.

Deals

Miami taco chain to open first London location

Miami-based taco chain Coyo Taco is set to open its first location in London at Orchard Place, SW1. This follows Kuvi Hospitality securing franchise and development rights for the brand across the UK, Ireland, and the GCC, with plans underway to scale the business to over 50 locations this side of the Atlantic. The debut London restaurant will launch this summer, with two further locations in the UK planned before the end of the year. Orchard Place is a new mixed-use development with strong footfall, affluent local residents, and all-day trading potential, supported by its proximity to Victoria, Whitehall and key tourist destinations.  Founded in Miami’s Wynwood district in 2016, Coyo Taco has built a strong following across the US and international markets.  Its operating model looks to follow the brand’s ‘todos es fresco’, or ‘everything fresh’ philosophy, including hand-pressed corn tortillas, made-to-order guacamole, responsibly sourced meats and seafood, and a dual-format approach combining high-throughput dining with a late-night bar offer. Shereen Ritchie, group CEO of Kuvi Hospitality, said: “Coyo Taco is a true Miami institution, with a strong brand identity and passionate fan base built over a decade. It’s a privilege to be leading its introduction and expansion in […]

Requirements

OKA unveils target locations as it eyes more UK stores

British furniture and lifestyle retailer OKA has released its latest property requirements list as it looks to expand across the UK. The retailer is seeking units ranging between 2,500 sq ft and 5,000 sq ft in size, preferably in high street or roadside locations. Ideal units will have car parking available nearby. Target locations include: CBRE has been appointed to find suitable locations.

Insights

Rethinking healthcare delivery: the case for retail parks in easing NHS pressure

By Lauren Chew, senior asset manager at Redevco Pressures on NHS services are well recognised and have prompted an important conversation about how care can be delivered more effectively, accessibly and closer to people’s daily lives. While demand continues to outpace traditional capacity, recent evidence shows that when primary care access is limited, patients often look elsewhere for support. The Care Quality Commission’s State of Care report (October 2025) highlighted this system-wide impact, noting that 6.6% of respondents to the 2025 GP Patient Survey attended A&E because they were unable to contact their GP or were uncertain about next steps. Together, these insights underline the opportunity, and necessity, to innovate beyond conventional healthcare settings and rethink how and where services can best meet patient needs. Herein lies a key opportunity: retail parks are already embedded in everyday life. With high footfall, strong transport links and often free parking, they are uniquely placed to support public health by meeting people where they already are – offering a level of accessibility that many traditional healthcare settings struggle to match. Unlike clinical environments, which can feel formal or intimidating, retail parks are familiar and convenient spaces, making them ideal locations for healthcare initiatives, […]

Advice

Turn lease events from growing pains into commercial gains

By Simon Matley, director for dilapidations and occupier services at TFT After a period of acquisition, a large commercial retail portfolio can become either a major liability or a powerful cost saver for retailers who need every advantage they can get in a challenging consumer market. For national multiples and high street brands, often with sizeable portfolios numbering in the hundreds of units, or for smaller regional operations that are growing at speed, flexibility and control are hugely important. Brands today are adapting their portfolios in light of changing consumer behaviour and omni-channel retailing, and this is shaped by the increasingly sophisticated data capture that allows them to better understand stock, fulfilment, customer behaviour, and operations. For many who have been acquiring premises over the past 10 years, they will almost certainly find that data allows them to be more efficient in the space they need, not least because of the growth of last mile logistics and on demand deliveries which enables occupiers to be nimble in how they use their spaces. Whether they operate on the high street, in retail parks or rely on distribution centres, retailers want to scale fast, explore new territory and snap up the right […]

News

Redevco appoints retail park expert as senior asset manager

Redevco has appointed Josh Tyler as a senior asset manager within its UK team. Brining over a decade of retail real estate experience, he joins from M7 Real Estate, where he spent around five years working primarily in retail warehousing, following roles at CSP Retail and Rapleys. In his new role, Tyler will work across Redevco’s retail park portfolio, as well as on logistics, following the firm’s 2025 acquisition of logistics investment and asset manager Roebuck. Deborah Green, head of asset and transaction management at Redevco UK, said: “Josh is an experienced asset manager and his appointment underscores our continued focus on strengthening our capabilities in areas of the market that align with our portfolio objectives. We warmly welcome him to Redevco, and look forward to drawing upon his expertise, notably following our acquisition of our 16-strong UK retail park portfolio at the end of 2024.” Josh Tyler added: “Retail parks and logistics continue to present strong opportunities to drive value and income through active asset management. I look forward to working with the team to enhance Redevco’s already strong performance and support the delivery of its strategy in these sectors.”