All Property articles – Page 23
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News
Trio depart Restaurant Property
A trio of property advisors has left leading property agency Restaurant Property
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News
Holloway joins Prezzo as group property director
Steve Holloway, former partnerships director at Costa UK & Ireland, has officially joined Prezzo this week as its new property director
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Analysis & Insight
Central London openings slowing
Central London is in danger of losing its status as the epicentre of eating out, the Market Growth Monitor has warned.
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Analysis & Insight
A different class?
A lack of quality sites for growth and expansion is sadly the restaurant industry’s Achilles heel. A shortage of supply, together with increasing rent and premiums, means that even those with ample funds and considerable appetite are finding it increasingly difficult to achieve returns for investors; and this problem is only likely to amplify as more operators join the bun fight, argues consultant Stephen Evans
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News
Hermer considers options for Ignite portfolio
Matt Hermer, founder of the Ignite Group, is considering his options for the business, which includes the Eclipse and Bumpkin brands
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News
NewRiver pub portfolio producing steady growth
NewRiver Retail, the UK REIT which owns 360 pubs, has said that its public house portfolio benefitted from considerable gain in the preceding year
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News
Shaftesbury: Restaurant demand remains strong/appoints new chair
Landlord Shaftesbury has reported demand for restaurant, cafe and pub space in the West End remains strong
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News
£5m restaurant space to open in former Mayfair church
Grosvenor is to develop a £5m restaurant and retail space in the Grade-I listed former St Mark’s Church in Mayfair. The project will create a community meeting area as well as 14,500 sq.ft of shops and restaurants. It was green-lit by Westminster City Council after Grosvenor promised to retain the ...
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News
Sale of Wolverhampton Yates’s reflects yield of 6.9%
The investment sale of Yates’s, 34 Queen Square, Wolverhampton, saw the property sell for £3.625m to Cannon Street Capital
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News
Phillips promoted to partner at Shelley Sandzer
Shelley Sandzer, the leisure property specialist, has announced the promotion of Casey Phillips to the role of partner
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News
ETI completes sale of 22-strong portfolio for £20m
Enterprise Inns has completed the sale of a portfolio of 22 commercial properties, comprising 17 pubs and five convenience stores for a sum of £20m
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News
British Land FY footfall up 3%
British Land has reported footfall up 3% across it estate in the year to 31 March with retailer sales growing 2.4%.
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News
CBRE to advise on 22 Bishopsgate F&B lettings
The central London leisure team at CBRE has been appointed to seek operators to take space at 22 Bishopsgate tower, which is set to become the City’s tallest skyscraper.
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News
Average projected turnover up by 10% for new leases
Projected turnover at pubs with new leases jumped by 10% in the first quarter of this year, according to the latest Pub Benchmarking survey.
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News
Agents appointed on Cannon Green F&B space
Developer Ocubis has instructed Davis Coffer Lyons (DCL) to market a new restaurant opportunity in The Square Mile
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News
Alexander swaps Shelley Sandzer for Colliers
Kit Alexander has left property advisory firm Shelley Sandzer after three years to join rival Colliers International
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News
Wimbledon O’Neill’s freehold investment sold
A private investor has acquired the freehold interest of the O’Neill’s in Wimbledon, for £1.915m, reflecting a net initial yield of 3.49%
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News
Buckle swaps TRG for Living Ventures
Jonny Buckle has stepped down as head of acquisitions at The Restaurant Group (TRG) to become acquisitions director at Living Ventures
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News
Havenhand swaps CBRE for DCL
Davis Coffer Lyons (DCL) has appointed Kate Havenhand as associate director to its Landlord and Tenant team
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News
Kornicis appoints Colliers to advise on property
Colliers International has been appointed by bar operator, Kornicis Group, to advise on all rent reviews and lease renewals