Property News – Page 7
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NewsUKH calls on Government to protect businesses against “punitive” landlord sanctions
Hospitality businesses need urgent support to protect them from punitive legal sanctions from commercial landlords, UK Hospitality has informed the Government.
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NewsLandsec allocates £15m to F&B rent relief
Land Securities has set up a rent relief support fund of £80m, with a particular focus on F&B operators and SMEs.
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NewsLandlords threaten winding up orders over unpaid rent
UK landlords are threatening legal action against hospitality operators after many withheld rent to preserve cash during the lockdown, the Financial Times reports.
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NewsHammerson collects 37% of billed rent
Hammerson, the property and development company, has received 37% of UK rent billed as of the end of 27 March.
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NewsBritish Land releases small tenants from rental obligations
British Land has released its smaller retail, food & beverage and leisure tenants from their rental obligations for three months (April to June).
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NewsBoxpark: 'You can't sit in your ivory tower and collect your cheque'
Boxpark CEO Roger Wade has said that to ensure SME’s survive the coronavirus lockdown, landlords must work together with tenants and make sacrifices.
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NewsShaftesbury: Supporting tenants the ‘right thing to do’
Shaftesbury, the West End landlord, is supporting tenants with rent deferral, to help ease their short-term cash flow issues so they can resume trading once the current restrictions are lifted.
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NewsTfL follows Network Rail and cancels first quarter rents
Transport for London (TfL) has cancelled rent payments for small and medium-sized businesses on its estate from 25 March to 23 June.
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NewsSenior CEO: ‘Our view is people should boycott rent’
Senior directors are considering boycotting rent amid a wave of mass closures to hit the restaurant and bar sector, MCA understands.
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NewsMass repossessions if government does not step in
The majority of landlords are refusing to negotiate meaningfully on rent payments despite the threat of widespread restaurant closures, Imbiba property director Kieran Sherlock has told MCA.
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NewsIntu footfall flat as it explores further disposals
Intu has reported footfall was flat in its UK shopping centres in 2019, outperforming the wider retail market where footfall was down 2.5%.
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NewsBrains to sell off 40 sites
Welsh brewer Brains has announced plans to sell 40 managed and partnership pubs that are not considered ‘core to its business.’
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NewsBrighton curry concept gears up for expansion
Brighton-based Indian street food concept Curry Leaf Café will expand along the South Coast this year, co-founder Euan Sey has told MCA.
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NewsNew distillery concept takes former Jamie’s site
A new gin distillery concept, 1751 Distillery Bar & Kitchen, has opened in the former Jamie’s Italian site on More London Place.
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Dip & Flip out, Smoke & Salt in at Tooting
Dip & Flip, the burger and gravy concept, is exiting its Tooting site, while pop-up restaurant Smoke & Salt to take the site.
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Seeds announces waffle concept
A new desserts concept, Wafflings, is looking to launch its first store in Birmingham with Seeds Consulting.
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NewsThe Coconut Tree seeks regional sites
Sri Lankan casual dining and bar concept The Coconut Tree is working with Fleurets to expand its estate.
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NewsGreggs and Wingstop to share former Giraffe Bluewater site
Greggs has been lined up to share a former Giraffe unit with Wingstop in Kent’s Bluewater shopping centre.
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NewsWright Brothers signs for Frederick’s Place
Wright Brothers has signed for a new London restaurant at 1 Frederick’s Place, in the City.
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NewsD&D signs for three-storey IQL concept
D&D London, the premium restaurant and bar group, has signed to launch its latest dining concept within the Pavilion development at the International Quarter London (IQL).