Property News – Page 2
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NewsArtfarm acquires The Groucho Club
The Soho private members club joins the Fife Arms in Braemar, Roth Bar & Grill in Somerset, Manuela in Los Angeles and Audley Public House and Mount St. in Mayfair, as part of the Artfarm portfolio
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NewsLoungers: ‘We see lots of opportunity in London’
Openings in Greater London this year to far exceed FY21/22, with its property pipeline remaining “very well advanced”, chief executive Nick Collins has said
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NewsShaftesbury: Hospitality sales ahead of pre-pandemic
The landlord, which is merging with Capco, said footfall remains good, thanks to domestic visitors, residents and local workers, and growing international tourists
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NewsArndale reaches 95% occupancy with Creams signing
The dessert cafe brand now has more than 100 restaurants and outlets across the UK
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NewsCapco and Shaftesbury agree to merge
The combined portfolio, located in some of the most “iconic” areas of London’s West End, will be valued at around £5bn, with just over a third of this in hospitlaity and leisure
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NewsCrown Estate warns of volatility in London footfall
The landlord said footfall in central London has remained about 38% below pre-pandemic levels during the financial year ending March 2022
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NewsWest End landlords Shaftesbury and Capco close to £3.5bn merger
Central London neighbours in detailed negotiations to combine portfolios to create company worth around £3.5bn, the FT reports
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NewsBritish Land and Landsec eye shopping centres swap
The landlords have held talks over an £800m asset swap involving Meadowhall shopping centre, the Sunday Times reports
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NewsBurden of property tax must be addressed
UKHospitality is calling on the government to address the “unfair burden” of property tax on the hospitality sector as it recovers from the pandemic
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NewsFlat Iron appoints property director
Romy Clay was previously senior acquisitions manager at Wagamama for three and a half years
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NewsRecovery on track for Shaftesbury
Following a short-term period of disruption over Christmas, visitors and workers are returning to the West End, said the real estate investment trust
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NewsShaftesbury boosts F&B offering at Seven Dials
WatchHouse Coffee and Aspirational Brands are among the operators broadening the offering within Seven Dials.
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NewsPunch hungry for acquisitions
The Fortress-backed pub company is looking for high quality pubs that fit its “modern, progressive vision”
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NewsNew signings at Hammersmith and Fulham
CBRE Investment Management has signed Oseyo, Joe & The Juice and Black Sheep Coffee across retail and leisure destinations, Hammersmith Broadway and Fulham Broadway
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NewsHall & Woodhouse seeing good property opportunities
The Dorset-based brewers and pub operator is on track to add 10 sites to its portfolio this year as part of its growth strategy.
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NewsShaftesbury makes 60 new signings
The demand from operators coincides with what the landlord described as the rapid recovery in footfall and sales across its West End locations
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NewsShaftesbury hails ‘remarkable bounce back’
The West End landlord reported a sustained recovery in central London footfall, with weekends currently back to 2019 levels, and weekdays at c.80%
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NewsShaftesbury commits to net zero by 2030
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.
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NewsItsu ‘courageously’ expanding its reach
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
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NewsPopeyes hope to ‘break the internet’ in the UK
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.