All Property articles – Page 7
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TfL follows Network Rail and cancels first quarter rents
Transport for London (TfL) has cancelled rent payments for small and medium-sized businesses on its estate from 25 March to 23 June.
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Senior CEO: ‘Our view is people should boycott rent’
Senior directors are considering boycotting rent amid a wave of mass closures to hit the restaurant and bar sector, MCA understands.
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Mass repossessions if government does not step in
The majority of landlords are refusing to negotiate meaningfully on rent payments despite the threat of widespread restaurant closures, Imbiba property director Kieran Sherlock has told MCA.
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Intu footfall flat as it explores further disposals
Intu has reported footfall was flat in its UK shopping centres in 2019, outperforming the wider retail market where footfall was down 2.5%.
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Brains to sell off 40 sites
Welsh brewer Brains has announced plans to sell 40 managed and partnership pubs that are not considered ‘core to its business.’
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Brighton curry concept gears up for expansion
Brighton-based Indian street food concept Curry Leaf Café will expand along the South Coast this year, co-founder Euan Sey has told MCA.
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Dip & Flip out, Smoke & Salt in at Tooting
Dip & Flip, the burger and gravy concept, is exiting its Tooting site, while pop-up restaurant Smoke & Salt to take the site.
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The Coconut Tree seeks regional sites
Sri Lankan casual dining and bar concept The Coconut Tree is working with Fleurets to expand its estate.
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Greggs and Wingstop to share former Giraffe Bluewater site
Greggs has been lined up to share a former Giraffe unit with Wingstop in Kent’s Bluewater shopping centre.
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Wright Brothers signs for Frederick’s Place
Wright Brothers has signed for a new London restaurant at 1 Frederick’s Place, in the City.
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D&D signs for three-storey IQL concept
D&D London, the premium restaurant and bar group, has signed to launch its latest dining concept within the Pavilion development at the International Quarter London (IQL).
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Yeda Cafe and Arro Coffee join Seven Dials line-up
Shaftesbury has signed up two new independent concepts at Seven Dials.
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Hubbox heads to Cheltenham
South East burger brand Hubbox is to join the line-up at Cheltenham’s The Brewery Quarter development.
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Yo! To Go, Five Guys and @pizza join Edinburgh St James line-up
Yo! is bringing its To Go format to the Edinburgh St James development, alongside Five Guys and @pizza.
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London Steakhouse Co disposes of Chelsea site
London Steakhouse Co, the Marco Pierre White co-founded restaurant group, has disposed of its Chelsea site, MCA understands.
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Fleurets markets Revolution sites
Fleurets has begun marketing eight current and former Revolution freehold units on behalf of landlord Aprirose.
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Wulf & Lamb secures Marylebone site
Wulf & Lamb has secured a new site, on 66 Chiltern Street, Marylebone.
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Roasting Plant Coffee takes Strand site
Roasting Plant Coffee, the immersive coffee shop and roasting experience, has secured its second UK site on The Strand, MCA understands.
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Revolution in ‘healthy discussions’ with landlords over rent renegotiation
Revolution Bar Group is continuing to have “healthy discussions” with landlords as it works to improve the profitability of its property portfolio, CEO Rob Pitcher has told MCA.
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Wadworth reports dip in profits but property revaluation delivers a £32m boost
A revaluation of its property portfolio has delivered a £32m boost to Wadworth after a challenging year which saw sales slip from £67.1m to £66.6m. Pre-tax profits were also down to £2.2m from £2.4m the previous year. However, given the challenging environment the business said it had been a “solid” year for the business, with operating profit up £462k on the year before.