Property News – Page 15
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Ritchie joins GK as interim property director
John Ritchie has joined Greene King as interim group property director, with Richard Lewis set to focus solely on his role as chief operating officer.
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NewRiver to develop leisure hub in Basingstoke
NewRiver been appointed the nominated developer for a 66-acre leisure park next to the M3 in Basingstoke.
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Rosa's announces two more sites
Rosa’s Thai Cafe, the 11-strong group from Saiphin and Alex Moore, have announced plans to open two new restaurants, in Tooting and Ealing.
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Bodean's BBQ markets Muswell Hill and Fulham Broadway sites
Bodean’s BBQ, the Andrew Blais-led restaurant group, is open to offers on its Muswell Hill and Fulham Broadway sites, MCA understands.
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Liverpool Walkabout sites sells for £1.5m
Pear Securities has sold freehold of the former Walkabout in Liverpool to a local investor operator for £1.5m
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Englender swaps Restaurant Property for AG&G
Matthew Englender has stepped down as head of sales at Restaurant Property to join London-based advisory firm AG&G
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Howard and Bell to leave CBRE
Seb Howard and James Bell have stepped down as directors from CBRE’s central London leisure team
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CBRE GI acquires London pub & restaurant portfolio
CBRE Global Investors has completed the acquisition of a portfolio of seven public houses and a restaurant in Central London
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Old Chang Kee to make London debut
Old Chang Kee, the 78-strong Singaporean quick service group, has secured its debut UK site in Covent Garden.
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Itsu appoints new head of property
Itsu has appointed Sean Donnelly, formerly of Pizza Hut and Steak ‘n’ Shake, as its new head of property
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NewsPrezzo FY lfls fell 8%
The Company Voluntary Proposal proposal document put forward by Prezzo has laid bare the decline in trading the company experienced during 2017
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Wasabi seeks to switch to monthly rents
Wasabi, the sushi and bento chain, has written to landlords to request amending its rent payment agreements
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Hammerson footfall up 0.4%
Footfall across Hammerson’s UK shopping centres rose 0.4% in the year to 31 December.
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NewsIntu says leisure now makes up 13% of rent
Intu saw footfall at its UK shopping centres increase by 0.1% during 2017.
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Freehold of Bill’s and Paul sites sold for £7.5m
Private investors have completed the acquisition of 38-42 Kingsway, London, which comprises two units let to Bill’s and Paul UK
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NewRiver acquires two retail parks for £26.5m
NewRiver, the UK REIT and owner of c350 pubs, has completed the acquisition of two retail parks for a combined consideration of £26.5m
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CCL: Continuing polarization in leisure investment market
Coffer Corporate Leisure said it is continuing to see further polarisation in the leisure investment market, particularly in the restaurant sector
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NewsRadici freehold on market for £3.6m
The freehold investment of Radici in Islington is being marketed for a guide price of £3.645m.
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British Land acquires Woolwich Estate for £103m
British Land has acquired the 4.9-acre Woolwich Estate in south east London for £103m, representing a net initial yield of 4.1%.
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Draft House puts Grand Union site on the market
Draft House, the Charlie McVeigh-led craft beer pub operator, is close to a sale of one of the six Grand Union sites its acquired last summer, MCA understands.