Property News – Page 5
-
NewsPunch Pubs reports ‘strong profit growth’ in Q2
The community-focused pubco delivered like-for-like underlying EBITDA growth across both its leased and tenanted and pub partnership estates in the 28 weeks to 22 February 2026
-
NewsBig Table proceeds with Las Iguanas restructuring plan
A High Court judge approved the first stage of the plan, which if approved would see it inject £3m of fresh capital into the Latin American brand
-
NewsIn pictures: Gordon Ramsay launches Bread Street Kitchen & Bar at 22 Bishopsgate
Marking the chef’s 100th restaurant worldwide, the all-day dining destination is finally opening on the 59th floor of the City of London’s tallest building after significant delays
-
NewsIn pictures: Pret opens first drive thru in Warrington
Launched in partnership with Motor Fuel Group, the shop marks a new trial format for the food to go operator as it continues to grow its estate
-
NewsTossed: ‘Central London isn’t the focus for current growth’
Neil Sebba, managing director of the healthy eating brand, tells MCA the group sees more interesting expansion opportunities outside of London, as underscored by its newly announced Gatwick Airport location
-
NewsInflationary pressures hit margins at Pizza Union
The Bobby Hashemi-led Roman pizza bar brand has reported a drop in both turnover and profit in its 2025 financial results, following the closure of one of its London sites
-
NewsPizzaExpress moves into QSR with new restaurant format
The group has launched a new site in Brixton that features self-ordering kiosks and an emphasis on takeaway, with further openings planned for the new format
-
NewsWhitbread: ‘Our branded restaurants have faced material challenge’
The group has blamed the impact of inflation and tax rises, combined with lower financial returns, for its decision to exit its branded restaurants division
-
NewsThe Evolv Collection further strengthens senior team
The Martin Williams-led group has named Gavin Gosnell as its new operations director, while Lara Bugle has been promoted to marketing director
-
NewsStarbucks: ‘We believe this quarter reflects the turn in our turnaround’
The US coffee giant has delivered growth on both the top and bottom line for the first time in more than two years in its Q2 results
-
NewsWahaca explores smaller scale format
Co-founder and chairman Mark Selby tells MCA the new ‘Wahacito’ concept would retain the same to-dine elements, but feature a smaller menu and more informal approach
-
NewsDemand across London portfolio drives growth at PPHE
The UK-listed hotel group has reported an ‘encouraging performance’ in its Q1 results with turnover up 8% and RevPAR up nearly 5%
-
NewsGreene King puts 13 hotels in the market
The properties, which sit within Greene King’s Venture Hotels business, are being marketed for individual sale by Savills, and will enable the pub company to reinvest in its core estate
-
News‘Challenging economic environment’ hits EBITDA at Glendola Leisure
Cost pressures including high interest rates and inflation contributed to a 15.7% decrease in adjusted EBITDA in the family-owned hospitality operator’s latest financial results
-
NewsThe Wolseley Hospitality Group to launch first Colbert Collection property in London
The group will open its first London hotel later this year on Piccadilly with owner Minor Hotels describing it as ‘a unique strategic opportunity’
-
NewsSides closes two sites following strategic review
The fried chicken brand from YouTube collective Sidemen said the franchise operator at Merry Hill was ’no longer able to deliver the experience and standards our customers expect’
-
NewsYard Sale Pizza appoints growth director
The Piper-backed pizza delivery brand has brought in Sophie Abrahamovitch, co-founder of bars app DUSK, to lead the marketing team and be accountable for everything related to sales growth
-
NewsPachamama Group announces double London opening
The international group will launch its largest-ever London restaurant alongside a new street food concept within Marylebone’s Loxton Walk development
-
NewsIn pictures: RISE by Cornish Bakery opens first site
The new concept bakery, which debuts today in Betws-y-Coed in Conwy, North Wales, is billed as ‘a next-level sector development in product, design, service experience, community engagement and trading hours’
-
NewsHalf of Franco Manca closures to be based in London
MCA understands eight of the 16 restaurants earmarked for closure are in the capital with the rest spread across the UK covering sites in Glasgow, Hove and Plymouth, amongst others.