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MIDAS SHARE TIPS: Supermarket Income Reit in boost

Recently, however, views have begun to change as industry experts have realised that large stores work for both digital and traditional shoppers.
General e-commerce wisdom suggests online shopping is at its best when goods are dispatched from centralised warehouses. Food retailing is different, however, because so much of it is perishable and profit margins are very low.
Smaller warehouses attached to existing stores are often more cost-effective, allowing supermarkets to serve old-school and online customers from one site.
As this realisation sets in, the big beasts of food retail are looking at their estates with new eyes, seeing big stores as key to their future rather than dinosaurs past their sell-by date. ....

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The pair making film studios cool again

Piers Read (left) and Jeremy Rainbird (right)
“People told us we were mad,” says Rainbird, recalling the reaction to their audacious plans to build a network of studios fitted with state-of-the-art technology.
“They said it’s not a proven asset class; it’s high risk. And now look at it. Now it’s the golden child, the chosen one, the cherry on the cake of property and suddenly it’s cool.”
Leading the charge in this crusade is the pair’s three-year-old business, The Creative District Improvement Company (TCDI Co). Last month, it submitted plans for the £15m redevelopment of the iconic Twickenham Studios, where scenes for Blade Runner, The Italian Job and Zulu were shot, and it is currently working up plans to deliver new studio facilities at heritage sites in Ashford and Liverpool. ....

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Twickenham Film Studios to get £15m facelift

By Jake Bickerton2021-02-12T22:12:00+00:00
The work will add a new TV studio and sound production and mixing spaces, and will be complete by October next year
Twickenham Film Studios operator Time+Space Studios is to spend £15 million on rejuvenating, transforming and expanding London’s oldest film studio.
The developments include a ‘state-of-the-art’ TV studio; upgraded sound production studios; a second sound mixing suite; and the construction of a new entrance building creating new public spaces with flexible workspaces, a boutique cinema, a café and rooftop social bar area.
The investment will create a “contemporary, innovative, and enhanced film and TV campus for the next generation of film-makers and creatives,” says Time+Space. ....

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