Property News – Page 9
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The 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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Greggs 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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Wright 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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D&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).
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Yeda Cafe and Arro Coffee join Seven Dials line-up
Shaftesbury has signed up two new independent concepts at Seven Dials.
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Hubbox heads to Cheltenham
South East burger brand Hubbox is to join the line-up at Cheltenham’s The Brewery Quarter development.
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Yo! To Go, Five Guys and @pizza join Edinburgh St James line-up
Yo! is bringing its To Go format to the Edinburgh St James development, alongside Five Guys and @pizza.
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London Steakhouse Co disposes of Chelsea site
London Steakhouse Co, the Marco Pierre White co-founded restaurant group, has disposed of its Chelsea site, MCA understands.
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Fleurets markets Revolution sites
Fleurets has begun marketing eight current and former Revolution freehold units on behalf of landlord Aprirose.
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Roasting Plant Coffee takes Strand site
Roasting Plant Coffee, the immersive coffee shop and roasting experience, has secured its second UK site on The Strand, MCA understands.
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Wulf & Lamb secures Marylebone site
Wulf & Lamb has secured a new site, on 66 Chiltern Street, Marylebone.
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Revolution in ‘healthy discussions’ with landlords over rent renegotiation
Revolution Bar Group is continuing to have “healthy discussions” with landlords as it works to improve the profitability of its property portfolio, CEO Rob Pitcher has told MCA.
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Wadworth reports dip in profits but property revaluation delivers a £32m boost
A revaluation of its property portfolio has delivered a £32m boost to Wadworth after a challenging year which saw sales slip from £67.1m to £66.6m. Pre-tax profits were also down to £2.2m from £2.4m the previous year. However, given the challenging environment the business said it had been a “solid” year for the business, with operating profit up £462k on the year before.
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10 Heddon St curators announce spin-off partnership
A new venture which pairs vacant restaurant venues with emerging chefs, restaurateurs and food and drink concepts is launching this month.
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Hawthorn Leisure appoints property director
Pub operator Hawthorn Leisure has appointed Ed Little as property director.
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Olives & Meze takes Chip Nation site in Soho
Olives and Meze, the Turkish Greek restaurant from Clapham, has secured its second site, in Soho.
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Food halls the ‘future of casual dining’
The new food hall venture led by former Deliveroo MD Dan Warne and backed by Imbiba is a “clear statement of the direction of the market”, property experts have told MCA.
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Landlords getting cold feet over long-leases
London landlords are becoming increasingly nervous about signing restaurants up for long leases following several high-profile closures, according to a leading property expert.
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F&B continues to perform well for Shaftesbury
Shaftesbury has said the West End remains a busy area with its food, beverage, leisure and retail occupiers reporting, on average, year-on-year sales growth for the quarter to 30 June 2019.
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Redevco acquires One Tower Bridge for £70m
Real estate manager Redevco has acquired the food and beverage units of One Tower Bridge development for £70m from the Berkeley Group.