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Michael and Lesley Herbert have promised the “biggest investment in Bangor for a generation” after snapping up the town’s main shopping centre for around £22m.
The owner of independent coffee shop group General Merchants has said spiralling costs mean it won’t be opening a fresh unit at Belfast’s Forestside Shopping Centre.
The pandemic, inflation and Liz Truss had a significant bearing on the north’s property market during 2023.
INVESTMENT activity in the north’s commercial property market was dominated by deals for major retail assets during 2023, new analysis from Savills shows.
An independent coffee shop in a temporary structure at Forestside is to close in the new year, as the shopping centre’s new owners make major changes.