All Property articles – Page 14
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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.
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Time Out Market Spitalfields concerns 'not justified'
Time Out Markets it is appealing the rejection of its planning application to open in Spitalfields, describing public concerns as “simply not justified”.
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NewsFood hall potential 'massive' with 16 more in London proposed
The potential for food halls in the UK is massive, with 16 proposed food halls expected to open London alone over the next five years, Cushman & Wakefield partner Thomas Rose has told MCA.
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Horticulture & Gentlemen Baristas sign on East India Dock scheme
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management, the leading real estate investment manager, has secured two F&B lettings at Republic, their next-gen workplace campus in East India Dock aimed at companies priced out of Central London and Shoreditch.
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NewsMarket Halls targets 10-12 food halls
Market Halls, the food hall concept from Andy Lewis-Pratt and Simon Anderson, has announced its first three locations
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Cask and Pollen Bakery heading to Ancoats
Cask, the Manchester real ale pub, and Pollen Bakery, based in Manchester Piccadilly station, are set to open new venues in Ancoats this year.
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Savills announces succession plan
The board of Savills has announced that Jeremy Helsby will retire as group chief executive at the end of 2018 after 39 years with the company.