![FTG-206[1]](https://d36hgjhwuw81py.cloudfront.net/Pictures/274x183/9/2/9/387929_ftg2061_516512.jpg)
![FTG-191[1]](https://d36hgjhwuw81py.cloudfront.net/Pictures/274x183/8/5/0/387850_ftg1911_213806.jpg)
Property News
-
NewsTilray acquires BrewDog’s US assets
The deal includes BrewDog’s brewery, pub, and hotel in Columbus, Ohio, as well as pubs in New Albany and Cleveland, and its site in Las Vegas, Nevada
-
NewsShake Shack to launch first halal-friendly restaurant
The group’s new Manchester site, which is set to open later this month, will be the first to only serve halal-certified meat
-
NewsThe Coffee House to accelerate expansion after securing further investment
The Northwest-based coffee shop operator has set out a long-term ambition to exceed 200 sites nationally following the £7m in new investment from Andy Bell and Fergus Lyons
-
NewsCoaching Inn Group confirms seven new additions from RedCat estate
The pubs-with-rooms business will see its estate grow to 43 sites following the transition of seven RedCat Independent Pub locations into its portfolio
-
NewsYolk launches £1m fundraise to kickstart expansion
The ‘fine fast-food brand’ has launched another round of fundraising to facilitate the opening of its next two sites.
-
NewsVarious Eateries to rebrand as Coppa Collective as it moves into pubs with rooms
The Hugh Osmond-backed group has acquired four pubs with rooms with a fifth in the offing that will collectively form a third core operating brand alongside Coppa Club and Noci
-
NewsBowland Inns reports 3% revenue rise
The Lancashire-based group said its acquisition of Wennington Hall helped drive revenue growth, though the ongoing impact of high interest rates led to pre-tax losses widening
-
NewsIn pictures: Jamie’s Italian Leicester Square
Spread over three floors, the restaurant will have space for 140 covers and is ‘designed to blend nostalgia with modernity, capturing the original essence of Jamie’s Italian with a contemporary twist for today’s diners’
-
NewsIRO Sushi launches joint venture programme
The QSR chain has partnered with a leading high street bank to finance joint-venture franchised stores as it looks to accelerate its UK expansion strategy
-
NewsStonegate advisors set out leasehold restructuring proposals
The pub and bar company appointed FRP Advisory last month, with documents seen by MCA outlining proposals for a ‘cross-class cram down’ on dissenting creditors, meaning it can press ahead with the restructure without the approval of all landlords
-
NewsCosta boosts staff wages and invests £1.5m to drive further Welsh expansion
The coffee giant will increase pay for team members across its 1,500 UK company-owned stores in April with baristas set to benefit from a 4.1% rise
-
NewsTourist tax ‘the wrong policy at the worst possible time’
A government consultation on proposals to give Mayors powers to to introduce overnight visitor levies in England closed yesterday
-
NewsPrue Freeman speaks out over parks row
The Daisy Green founder has defended her company’s takeover of three North London cafe, saying it was not a ’David & Goliath’ situaiton
-
NewsSale discussions continue following Sixes administration
The experiential cricket concept, which called in administrators back in December, has now shuttered several locations having been ‘unable to achieve a sustainable operating model amid fierce competition’
-
NewsWestmorland grows turnover and profit against ‘uncertain economic backdrop’
The motorway service area operator says total turnover increased by 1.7% in its latest full year results with pre-tax profits rising to £8.1m
-
NewsThe Mayfair Chippy heads to Saudi Arabia following franchise deal
The group, which is also seeking further London sites, will make its international debut in Riyadh this summer under a franchise deal with property developer Alidara Real Estate
-
NewsBuzzworks reports ‘resilient year’ of trading and investment
The Scottish hospitality operator saw revenue rise, but underlying EBITDA fall slightly against a ‘tough operating backdrop’
-
NewsPunch acquires 30 pubs from McMullen’s
The acquisition was described as a ‘small but strategically important’ addition to Punch’s estate, with the pubs located predominantly across Hertfordshire and Essex
-
NewsBoxpark ‘assessing alternative formats’ as losses widen
Despite a small uptick in turnover, the street food and retail group saw pre-tax losses widen from £3.8m to £12m following ‘a challenging year’
-
NewsRedCat Hospitality to exit managed pub business
The Rooney Anand founded business will bring together its pubs-with-rooms sites into one division led by the Coaching Inn Group, creating a 43-strong portfolio of premium inns across the UK