Property News – Page 13
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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.
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NewsCity Pub Group acquires third Brighton site
City Pub Group has completed the acquisition of the Alfresco seafront Italian restaurant and bar in Brighton, MCA understands.
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NewsChristie & Co: Plenty more M&A activity to come in 2018
Christie & Co’s Neil Morgan has told MCA that he is tracking a number of portfolio deals likely to happen this year.
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NewsGail’s appoints head of property
Gail’s Bakery, the c40-strong chain chaired and backed by Luke Johnson, has appointed Brett Parker as its new head of property. Parker joins Gail’s from the Crew Clothing Co, where he spent nearly three years as its property manager. Gail’s recently opened in Balham and Muswell Hill to take its ...
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NewsThe Ivy pulls out of Exeter site
The Ivy has pulled out of plans to open on Exeter High Street.
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NewsBramley Bars makes it three
Bramley Bars has acquired the Lord Poulett inn in Hinton St George, Somerset, for an undisclosed sum, taking its portfolio of pubs to three.
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Islington-based Ei Group-let pub sells for c£2m
A site let to EI Group in London’s Islington has been acquired by an the overseas investor for £2.1m.
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NewsEiG ‘considering sale of commercial property arm’
Ei Group has appointed advisors to assess a potential sale of its commercial property division, according to reports.
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Abbey Inns sells Southampton site
Abbey Inns has sold the former Wild Lime bar in Portswood Southampton to the operators of the city’s Heartbreakers bar. The lease has been assigned, via Davis Coffer Lyons, to Piers Kannangara and Thomas Dyer. Kannangara also owns and operates The Social Bar in Southampton and founded Addict Clothing., while ...
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NewsTopham, Webb and Young form new property consultancy
Former directors of DCL and JLL have created their own property consultancy business, Distrkt.
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NewsColliers calls for reform of retail lease structure
Colliers International has put forward a five-point plan that its says represents a “radical reshaping of the lease model” in the retail sector.