Property News – Page 24
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NewRiver rebrands and secures new funding
NewRiver Retail has announced a rebrand and restructure to better fit its evolved operating model, which includes it c350-strong pub estate.
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Allied London plans new “urban oasis” in Manchester
Allied London has unveiled plans for a new urban oasis in Manchester’s Hardman Square, to be known as ‘The Field’
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Prime London sites acquired in £13.5m deal
A pair of central London-based pubs have been acquired for £13.5m by a private European investor from a client fund of TH Real Estate,
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L&G puts Wardour St property on market for £89.5m
Legal & General is looking to sell the freehold interest of 76-88 Wardour Street, in London’s Soho, for £89.5m.
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Brighton property housing Jamie’s sold for £17m
Strathclyde Pension Fund has acquired a mixed-use property in Brighton for £17m, in an off-market transaction
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StreetDots to expand across London
StreetDots has announced deals with three major land partners to expand its network of street-food “pitches” across London
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Hammerson completes £93m Thurrock scheme sale
Hammerson has exchanged contracts and completed the sale of Thurrock Shopping Park, Essex, to TH Real Estate for £93m
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NewsGK to bring seven freeholds to market
Greene King is to dispose of seven freehold sites across Suffolk, Cambridgeshire, Northamptonshire and Nottinghamshire
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BNP Paribas launches dedicated leisure team
BNP Paribas Real Estate has launched a new team dedicated to the leisure sector
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Trio depart Restaurant Property
A trio of property advisors has left leading property agency Restaurant Property
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Holloway joins Prezzo as group property director
Steve Holloway, former partnerships director at Costa UK & Ireland, has officially joined Prezzo this week as its new property director
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Savills expands licensed leisure team
Savills has expanded its licensed leisure team with appointment of Siân Tunney and Paul Breen
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Hermer considers options for Ignite portfolio
Matt Hermer, founder of the Ignite Group, is considering his options for the business, which includes the Eclipse and Bumpkin brands
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NewRiver pub portfolio producing steady growth
NewRiver Retail, the UK REIT which owns 360 pubs, has said that its public house portfolio benefitted from considerable gain in the preceding year
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Shaftesbury: Restaurant demand remains strong/appoints new chair
Landlord Shaftesbury has reported demand for restaurant, cafe and pub space in the West End remains strong
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£5m restaurant space to open in former Mayfair church
Grosvenor is to develop a £5m restaurant and retail space in the Grade-I listed former St Mark’s Church in Mayfair. The project will create a community meeting area as well as 14,500 sq.ft of shops and restaurants. It was green-lit by Westminster City Council after Grosvenor promised to retain the ...
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Intertain secures Coventry site
Walkabout operator Intertain has completed on the lease of The Establishment Bar & Grill in Coventry.
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Sale of Wolverhampton Yates’s reflects yield of 6.9%
The investment sale of Yates’s, 34 Queen Square, Wolverhampton, saw the property sell for £3.625m to Cannon Street Capital
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Phillips promoted to partner at Shelley Sandzer
Shelley Sandzer, the leisure property specialist, has announced the promotion of Casey Phillips to the role of partner
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ETI completes sale of 22-strong portfolio for £20m
Enterprise Inns has completed the sale of a portfolio of 22 commercial properties, comprising 17 pubs and five convenience stores for a sum of £20m