Property News – Page 13
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Hammerson drops Intu bid
Shopping centre landlord Hammerson has dropped plans to acquire rival Intu in a £3.4bn deal.
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Intu sees footfall increase 1.5%
Intu, the shopping centre landlord, has reported a 1.5% rise in footfall across its estate since 1 January.
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New leisure development planned for Eltham
A new leisure development is planned to open in Eltham, south east London, in April 2019.
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Bell joins Bruce Gillingham Pollard
James Bell, formerly of CBRE, has joined Bruce Gillingham Pollard’s central London team
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BunCo secures first UK site
Turkish bao concept, BunCo, has secured its debut site in the UK, with an opening in the City of London planned for later this year.
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Patty & Bun Borough 'most ambitious yet'
Patty & Bun’s forthcoming Borough site will be its most ambitious yet, and see the brand unveil a full breakfast and coffee offering for the most time, MCA has learnt.
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Kurobuta takes on former Barrafina site
Kurobuta founder Scott Hallsworth has taken on the former Barrafina site on Frith Street for his Freak Scene concept.
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NewRiver to develop leisure hub in Basingstoke
NewRiver been appointed the nominated developer for a 66-acre leisure park next to the M3 in Basingstoke.
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Rosa's announces two more sites
Rosa’s Thai Cafe, the 11-strong group from Saiphin and Alex Moore, have announced plans to open two new restaurants, in Tooting and Ealing.
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Bodean's BBQ markets Muswell Hill and Fulham Broadway sites
Bodean’s BBQ, the Andrew Blais-led restaurant group, is open to offers on its Muswell Hill and Fulham Broadway sites, MCA understands.
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Liverpool Walkabout sites sells for £1.5m
Pear Securities has sold freehold of the former Walkabout in Liverpool to a local investor operator for £1.5m
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Englender swaps Restaurant Property for AG&G
Matthew Englender has stepped down as head of sales at Restaurant Property to join London-based advisory firm AG&G
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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.