Property News – Page 14
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Freehold of Bill’s and Paul sites sold for £7.5m
Private investors have completed the acquisition of 38-42 Kingsway, London, which comprises two units let to Bill’s and Paul UK
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NewRiver acquires two retail parks for £26.5m
NewRiver, the UK REIT and owner of c350 pubs, has completed the acquisition of two retail parks for a combined consideration of £26.5m
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CCL: Continuing polarization in leisure investment market
Coffer Corporate Leisure said it is continuing to see further polarisation in the leisure investment market, particularly in the restaurant sector
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NewsRadici freehold on market for £3.6m
The freehold investment of Radici in Islington is being marketed for a guide price of £3.645m.
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British Land acquires Woolwich Estate for £103m
British Land has acquired the 4.9-acre Woolwich Estate in south east London for £103m, representing a net initial yield of 4.1%.
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Draft House puts Grand Union site on the market
Draft House, the Charlie McVeigh-led craft beer pub operator, is close to a sale of one of the six Grand Union sites its acquired last summer, MCA understands.
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NewsByron looks to the future after CVA approval
Byron it set to conclude its previously negotiated financial restructuring after the group’s Company Voluntary Agreement (CVA) proposal was overwhelmingly approved by its creditors.
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NewsFood hall potential 'massive' with 16 more in London proposed
The potential for food halls in the UK is massive, with 16 proposed food halls expected to open London alone over the next five years, Cushman & Wakefield partner Thomas Rose has told MCA.
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Time Out Market Spitalfields concerns 'not justified'
Time Out Markets it is appealing the rejection of its planning application to open in Spitalfields, describing public concerns as “simply not justified”.
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Horticulture & Gentlemen Baristas sign on East India Dock scheme
Real estate investment and development business Trilogy Real Estate and LaSalle Investment Management, the leading real estate investment manager, has secured two F&B lettings at Republic, their next-gen workplace campus in East India Dock aimed at companies priced out of Central London and Shoreditch.
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NewsMarket Halls targets 10-12 food halls
Market Halls, the food hall concept from Andy Lewis-Pratt and Simon Anderson, has announced its first three locations
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Cask and Pollen Bakery heading to Ancoats
Cask, the Manchester real ale pub, and Pollen Bakery, based in Manchester Piccadilly station, are set to open new venues in Ancoats this year.
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Savills announces succession plan
The board of Savills has announced that Jeremy Helsby will retire as group chief executive at the end of 2018 after 39 years with the company.
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NewsByron FY losses hit £10m
The CVA proposal document for Byron shows that the company’s like-for-likes sales declined to -17% at one stage
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BrewDog mooted for Ape & Bird site
BrewDog has emerged as the possible buyer of Ape & Bird, which Polpo closed earlier this week
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NewsByron confirms CVA and sale plan
Byron has confirmed that it is to enter a Company Voluntary Arrangement (CVA), which could lead to the closure of 20 of its sites
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NewsStrada shutters tranche of sites
Strada, the Italian restaurant chain backed by sector investor Hugh Osmond, closed a tranche of its sites over the festive season
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NewsNWTC completes £3.2m Canal House sale and leaseback
New World Trading Company has completed the sale and leaseback of its Canal House site in Birmingham to AFH Financial Group for £3.2m.
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Arkells acquires Cotswolds inn
Arkells Brewery has acquired The Priory Inn, in the Cotswolds town of Tetbury, off a guide price of £1.95m.
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Shaftesbury to raise £265m for new acquisitions
West End landlord Shaftesbury has announced a new share placing to raise up to £265m.