Property News – Page 17
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Croydon Council approves new £1.4bn Westfield shopping centre
Plans for a new £1.4bn Westfield shopping centre in Croydon were yesterday approved by councillors
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Covent Garden Simmons Bars freehold sold for £3.8m
The freehold of the Simmons Bars in Milford Lane, Covent Garden, has been sold for £3.8m.
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Zizzi, Wagamama, Byron set for Plymouth
Zizzi, Wagamama, Byron and Five Guys are set for a £53m British Land leisure scheme in Plymouth.
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Webb joins DCL from CWM
DCL has appointed Susie Webb as a surveyor to its Development Leasing and London Estates team
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NewsIntu sees 2% rise in footfall in H2
Shopping centre landlord Intu has said football showed “encouraging strength” in the second half of the year to date, between 1 July and 2 November.
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Chapel Down completes on Curious Brewery site
Chapel Down has completed the acquisition of a 1.6-acre site in Ashford town centre to develop its Curious Brewery.
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Revolution freehold investment sold for over £1.2m
A private investor has acquired the freehold investment of the Revolution in Northampton, for a price in excess of £1.2m
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Caledonia Investments sells Sloane Club for c£81m
Caledonia Investments has sold The Sloane Club in London for c£81m to Sloane Investments
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Rix puts Fox and Hounds on the market
Award-winning chef James Rix is selling his Fox and Hounds pub in Hunsdon, near Ware in Hertfordshire.
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NewsLondon pubs and restaurants portfolio marketed for £69.5m
A 16-strong portfolio of London pubs has been brought to market with a guide price of £69.5m.
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London FOT rents up 22% over five years
The latest Fleurets rental survey has shown free-of-tie rents in London have risen 22% over the past five years, while shell rents are up 20%.
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City Pub Co acquired Parsons Green pub for £7.75m
City Pub Company acquired the Aragon House pub in Parsons Green for £7.75m
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NewsYumchaa placed on the market
Yumchaa, the speciality tea and café concept, has been placed on the market
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Home of River Café up for sale for £40m
The property, which is home to the Michelin-starred River Café, has been placed on the market with an asking price of in excess of £40m.
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Bruce Gillingham Pollard appoints Kelion
Property advisor Bruce Gillingham Pollard has announced the appointment of Michel Kelion as a consultant.
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Diageo to develop Guinness brewery site
Diageo is seeking a partner for a major development at the site of its Guinness brewery in Dublin, which it plans to turn into shops, offices and leisure units.
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Osmond: Mid-market units could become unviable
Hugh Osmond, the sector investor, has said that combination of issues including increases in minimum wages, rates and food costs, will make many mid-market units unviable
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Bishop joins Hickory’s as head of property
Jim Bishop, who earlier this year stepped down as property director at Barburrito, has joined Hickory’s, the Piper-backed barbecue and smokehouse concept
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Exeter leisure scheme pulled over 'market conditions'
The Crown Estate has announced it is pulling out of a proposed £100m extension to the Princesshay shopping centre in Exeter, citing “current market conditions”.
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CBRE appointed on M&B estate
CBRE has been appointed to provide portfolio management services across M&B’s c1,700 pub and restaurant estate.