Property News – Page 28
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Pret confirms Victoria relocation
Pret a Manger has confirmed it is to relocate its head office in London’s Victoria station to Tishman Speyer’s nearby Verde development
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Shaftesbury: Eating out key to West End success
Landlord Shaftesbury has said fledgling concepts and independent operators are key to driving customer and social media interest in the West End.
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Crowdfunding boosts Chilango's property hunt
Mexican restaurant group Chilango has been inundated with property offers for sites across England, Wales and Scotland since it launched its fundraising campaign on CrowdCube. The Eric Partaker and Dan Houghton-led company has been presented with more than 100 potential locations and as a result have so far made ...
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McDonald’s decides against REIT
McDonald’s has said it has no plans to spin off its properties into real estate investment trusts (REIT)
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JDW places further 34-strong package on the market
JD Wetherspoon has placed a further 34-strong package of pubs on the market
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D&M set to appoint property director
Drake & Morgan has appointed Marcus Brownlow as its new property director
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Intu reports improving footfall
Intu, the shopping centre landlord, has reported that year-on-year footfall to date is marginally up in the UK. Announcing its trading update for the three months 6 November, the company said it was on target for a return to like-for-like net rental income growth for the year as a whole ...
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Cardiff sparks surge of interest in Wales
The success of national restaurant operators opening in Cardiff is causing a surge of interest in other Welsh towns
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Rent survey shows fall in many tied pubs
The latest rental survey by Fleurets has shown decreasing tied pub rents in many areas.
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Meantime to dispose of restaurant/microbrewery site
Brewer Meantime, which was acquired by SABMiller in May, is disposing of its microbrewery and restaurant operation at Greenwich Old Naval College.
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Pierre White pubs sold to Agellus Hotels
Two Norfolk pubs formerly run under Marco Pierre White’s name have been acquired by coaching inns group Agellus Hotels.
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Start swaps Colliers for DCL
Connie Start, leisure and property specialist has moved to the pubs team at property agency Davis Coffer Lyons’ from Colliers
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Operators confirmed for Nottingham development
Handmade Burger Co, TGI Friday’s and Prezzo have all been confirmed for the Telford Shopping Centre that will open in Shropshire autumn 2016
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Footfall to surge with Crossrail
The Crossrail development is expected to push footfall in the West End up by 20% as visitor numbers grow to 220k each day
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Morgan: Values to increase as managed stock diminishes
Neil Morgan, head of Pubs at Christie + Co, has said that the sale of TCG further diminishes the availability of managed house stock in the market
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Stonegate plans TCG parcel sale and leaseback
Stonegate has placed a four-strong package of central London-based freehold sites on to the market as part of sale and leaseback process
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Wild swaps DCL for C&W
Charlotte Wild has stepped down from Davis Coffer Lyons (DCL) to join rival property advisory firm Cushman & Wakefield
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Leisure development set for Chesterfield
A leisure and retail development is planned for Chesterfield’s town centre that will include six restaurant units
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Meat & Shake join new bar & grill concept in Watford
A new restaurant bar concept Faborje is set to launch in Watford, which will also welcome Meat and Shake and two new nightclubs.