Property News – Page 11
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NewsLandsec Lounge concept to roll out
Land Securities Group is planning to roll out its café-style communal space and is launching its own flexible office product.
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NewsKERB in line for Thomas Neal’s Warehouse
KERB, the street food market operator, is in line to open a flagship site in London’s Seven Dials, MCA understands.
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NewsBarworks site sold to Shoreditch Bar Group
Barworks has sold the leasehold of its Wenlock & Essex venue in Islington to Shoreditch Bar Group, for an undisclosed sum.
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Final Nice Bars pub sold
The third and final pub operated by Nice Bars Ltd has been sold to Tracy Bird – the former operator of the Newman Arms in Fitzrovia.
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NewsSubstantial interest shown in Bierkeller estate
Best bids are being sought for the six-strong Bierkeller portfolio, after substantial interest has been shown in individual and multiple sites.
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NewsNine Revolution Bar sites brought to market
Fleurets is to market nine freehold investments that are currently let to Revolution Bars.
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NewsFernandez & Wells leaves Soho blaming rent hikes
Fernandez & Wells, the speciality coffee shop group, has vacated its debut site, in Lexington Street, Soho, blaming dramatic increases in rent.
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NewsMade in Chelsea
Cadogan Estates CEO Hugh Seaborn dicussess keeping Chelsea relevant through food and drink.
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NewsBurning Night Group estate brought to market
The administrators of the Burning Night Group have officially put the estate on the market.
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NewsWhittaker makes move to take Intu private
John Whittaker, Intu’s largest shareholder, has confirmed he is working with a consortium with the aim of taking the shopping centre owner private.
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New operator sought for Kensington Roof Gardens
Kensington Roof Gardens, the iconic space in London’s Kensington Street, is about to be brought to market, MCA understands.
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Property housing Ottolenghi’s ROVI sold for £65m
Great Portland Estates has announced that it has exchanged contracts to sell 55 Wells Street, W1 to an overseas investor for £65.4m.
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NewsBistro Qui? looks to dispose of three sites
Liverpool-based operator Bistro Qui? is looking to dispose of three of its sites – two in Liverpool and one in Shrewsbury.
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Shaftesbury identifies tenant for flagship Seven Dials scheme
Landlord Shaftesbury has said it has Thomas Neal’s Warehouse in Seven Dials under offer to “an innovative UK-based food-led retail concept”.
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NewsCoffer confirms £19.5m portfolio sale to Kames
Coffer Corporate Leisure has completed the sale of a leisure portfolio of eight high-quality freehold public house/ restaurant/ retail investment properties for c£19.5m to Kames Property Income Fund. Coffer Corporate Leisure advised the private seller, who built the portfolio over 20 years selectively purchasing and asset managing landmark properties in ...
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NewsDCL makes appointment to Development & London Estates team
Davis Coffer Lyons has expanded its Development & London Estates team with the appointment of Cesca Hawes.
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Park Chinois building sold for over £42m
The Mayfair building which houses Alan Yau’s Park Chinois restaurant has been sold for over £42m.
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NewsB&P completes acquisition of Malvern pub from Wadworth
Brunning & Price, The Restaurant Group-owned pub company, has completed the acquisition of the Plough and Harrow in Worcestershire.
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NewsKames Capital acquires Home Counties investment portfolio
Kames Capital, the UK-based investment management business, has acquired a portfolio of eight prime public house, restaurant and retail investment properties, located in the Home Counties, for an undisclosed sum, MCA has learnt.
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NewsMayfair Capital acquires drive-thru portfolio
Mayfair Capital, the investment firm, has acquired a portfolio of five prime ‘drive thru’ investments, in a deal valued at £6.5m, MCA understands.