Property News – Page 2

  • Aspirational Brands (4)
    News

    Shaftesbury boosts F&B offering at Seven Dials

    2022-01-26T07:56:00Z

    WatchHouse Coffee and Aspirational Brands are among the operators broadening the offering within Seven Dials.

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    News

    Punch hungry for acquisitions

    2022-01-21T08:29:43.287Z

    The Fortress-backed pub company is looking for high quality pubs that fit its “modern, progressive vision” 

  • Oseyo_General Store image[1][2][1]
    News

    New signings at Hammersmith and Fulham

    2022-01-11T07:57:44.817Z

    CBRE Investment Management has signed Oseyo, Joe & The Juice and Black Sheep Coffee across retail and leisure destinations, Hammersmith Broadway and Fulham Broadway

  • Shaftesbury
    News

    Shaftesbury makes 60 new signings

    2021-12-06T08:36:00Z

    The demand from operators coincides with what the landlord described as the rapid recovery in footfall and sales across its West End locations

  • Shaftesbury
    News

    Shaftesbury hails ‘remarkable bounce back’

    2021-11-30T08:38:46.897Z

    The West End landlord reported a sustained recovery in central London footfall, with weekends currently back to 2019 levels, and weekdays at c.80%

  • Shaftesbury
    News

    Shaftesbury commits to net zero by 2030

    2021-11-11T08:41:00Z

    West End property landlord Shaftesbury has committed to becoming a net zero carbon business by 2030 and will be carbon neutral for its own corporate emissions by 2025.

  • Restaurant Conf 312
    News

    Itsu ‘courageously’ expanding its reach

    2021-11-05T17:59:00Z

    Property director Vishal Talreja has hailed Itsu’s partnership with Pizza Hut Restaurants for unlocking access to new areas such as retail parks and market towns

  • Restaurant Conf 307
    News

    Popeyes hope to ‘break the internet’ in the UK

    2021-11-05T08:29:00Z

    The team behind Popeyes see the UK market is the most exciting new international territory for the fried chicken brand, MCA’s Restaurant Conference has heard.

  • Money GettyImages-1291891378
    News

    Business rates relief will have ‘limited benefits’

    2021-10-28T12:15:00Z

    The Chancellor’s Budget announcement has been described as “underwhelming” as it is limited to a maximum discount of £110,000.

  • High street
    News

    UKHospitality requests urgent meeting with the Treasury

    2021-10-15T07:42:00Z

    Government plans for a major overhaul of  business rates have been “thrown into the long grass”, according to reports 

  • houses
    News

    BPF proposes reforms to business rates revaluations

    2021-08-24T07:27:00Z

    The British Property Federation (BPF) has proposed the government introduce annual business rates revaluations, describing the current system as “broken”.

  • Rental Revolution
    News

    Rent collection improves during Q2

    2021-08-13T07:46:00Z

    According to data from Remit Consulting, the collection of rent from commercial property tenants has continued to improve. Remit’s data suggests the ‘leisure sector’ has seen a marked improvement in rent payments during Q2. A quarter of tenants were said to have paid on time and within 21 days of payment due date, 49.5% of rents had been collected. In the March quarter, the equivalent figure stood at 38.4%.

  • The-Wolseley-Restaurant
    News

    Corbin & King in legal battle over rent debt

    2021-08-12T07:53:00Z

    Corbin & King, the operator of The Wolseley, is currently in a legal battle with its landlord STJ Investments over an unpaid rent debt of c.£1 million which has built while the restaurant was closed during Covid-19 lockdowns. The landlord has tried to evict the Wolseley by taking Corbin & King to court and is now claiming that the Wolseley had illegally sublet the premises. Corbin & King says the claim is ‘spurious’. 

  • Money GettyImages-740532487
    News

    Hospitality rent collection levels on the up

    2021-07-27T07:54:00Z

    An increasing number of restaurants and cafes have been able to pay their rent over the three weeks following June quarter day, according to the latest data from property agency Colliers.

  • Wetherspoon logo
    News

    Wetherspoon looks to sell seven pubs

    2021-07-20T07:47:00Z

    JD Wetherspoon looks to sell seven pubs has appointed CBRE and Savills to sell seven of its pubs.

  • glasgow-fort
    News

    ​British Land to shelve rent concessions

    2021-07-14T07:45:00Z

    British Land has decided to halt rent concessions for its tenants following an uplift in trading across its properties and the extension of the rent moratorium until March 2022.

  • Broadgate
    News

    Neat Burger and Urban Pubs & Bars among new Bishopsgate operators

    2021-07-01T07:53:00Z

    British Land has agreed lettings with Neat Burger, Urban Pubs & Bars, Black Sheep Coffee and Honi Poké at its 155 Bishopsgate development.

  • The Beech House Solihull, Oakman Inns
    News

    Oakman: Rent write-offs would be unfair

    2021-06-15T07:36:00Z

    Rent debts should not be written off, as it would penalise operators that have worked hard to pay off their arrears, Steven Kenee of Oakman Group has argued.

  • Boxhall Bristol
    News

    Boxpark to make regional debut

    2021-06-08T07:37:00Z

    Boxpark, the dining, retail and leisure group, has confirmed its first site outside of London, with the launch of sibling concept BoxHall in Bristol, scheduled for summer 2022.

  • GettyImages-1074133768
    News

    Leisure sector sees rent collection levels double

    2021-06-04T07:50:00Z

    The leisure sector has seen rent payments increase significantly in the two months since March quarter day, with levels up from 18% to 37%, according to new data from Colliers.