Property News – Page 9
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Upham completes sale and leaseback of pub collection
Upham Pub Company has completed the sale and leaseback of 14 of its individually branded pubs to CBRE Global Investors.
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CDG Leisure to oversee F&B strategy at Frasers
CDG Leisure has been appointed by House of Fraser to oversee the food and beverage development strategy at Frasers – the luxury lifestyle retail brand launched by House of Fraser earlier this year.
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Landlord covenant goes ‘full circle’
The concept of covenant has gone “full circle” with landlords now often preferring smaller independent brands to big institutional restaurant groups, Imbiba’s Darell Connell has told the Global Restaurant Investment Forum (GRIF).
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Burger King appoints Lunson Mitchenall to source new sites
Burger King UK has appointed Lunson Mitchenall to help push forward its acquisition strategy, with the brand looking to open at least 30 new outlets a years over the next three years, it has been reported.
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Shaftesbury has plans approved for new Carnaby development
Shaftesbury has had plans for a new mixed-use development approved by Westminster City Council.
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Christie & Co appointed to market Jamie’s estate
Christie & Co has been appointed to market a package of sites closed as part of the administration of the Jamie Oliver Restaurant Group.
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Truman’s secures new brewery site in Walthamstow
Truman’s brewery has revealed plans to open a new brewery and taproom in Walthamstow.
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MOD Pizza looking to divest Leicester Square site
MOD Pizza has appointed Savills to market the leasehold interest of its site in Leicester Square.
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Simmons puts Clerkenwell lease up for sale
Simmons Bars, the Lonsdale Capital backed group, has put the lease of its Clerkenwell site up for sale through AG&G.
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Market Halls to open fourth site, at Canary Wharf
Market Halls has confirmed its fourth site will open at Canary Wharf’s Cargo scheme.
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Nolan builds estate with acquisition of Sussex pub
Multiple operator Paul Nolan has acquired The Bear Inn at Burwash in East Sussex.
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London saw record year for international f&b launches in 2018
Despite uncertainty around Brexit, 2018 was a record year for international f&b operators entering the London market, with 21 making their debut in the capital during the year, according to Savills.
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Intu sells half of its Derby shopping centre
Intu has announced a partnership with Cale Street Investments to create a 50/50 joint venture for its Derby shopping centre.
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Christie & Co appointed to market Authentic Alehouses estate
Christie & Co has been appointed to market Authentic Alehouse’s seven-strong estate of freehold pubs after the company went into administration.
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EiG completes commercial properties sale
Ei Group has said the sale of its commercial properties arm will allow it to focus on driving growth across its pub estate as well as reducing debt and allowing it to buy back further shares.
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GK pub and Walkabout site brought to market for £4.4m
A small package of pubs let to Greene King and Stonegate has been brought to the market through Savills.
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Final Delisserie site sold
Delisserie Restaurants, the North London-based, New York Deli & Grill concept, has sold its remaining site.
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Gaming café concept takes on Pizzabuzz site
Gaming café concept Platform Hub One has taken on the former Pizzabuzz site in Shoreditch.
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Mission Mars secures Liverpool site from Bistro Qui?
Manchester-based operator Mission Mars has acquired the Hub Alehouse & Kitchen in Liverpool City Centre on a leasehold basis, from Bistro Qui?
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EiG commercial properties sale approved
Ei Group shareholders have unanimously backed the disposal of the group’s commercial properties arm for £348m.