All Property articles – Page 2
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Analysis & InsightBattersea Power Station tries to defy London luxury slump with £2bn sale
Offloading the landmark site would serve as a litmus test for the capital’s dwindling property market, reports The Telegraph
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NewsGovernment urged to rethink inheritance tax reforms
Oak Taverns and Milsom Hotels & Restaurants are among the family-owned businesses calling on the government to change course amid fears the reforms could leave many operators forced to sell
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NewsNoble Inns to launch French bistro concept
The London-based gastropub group will open Bistro Sablé on the site that it previously operated as The Smokehouse in Islington
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NewsInn Collection aiming to grow to 40 sites by 2030
The North-East based group is also looking to create more than 700 jobs as part of the five-year growth plan, which comes after it secured £125m in funding from HSBC
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NewsGordon Ramsay Restaurants grapples with challenges in casual dining as losses widen
The world-famous chef’s restaurant empire saw pre-tax losses rise from £3.4m to £12.6m in its latest financial results despite reporting record revenues and the group’s highest ever EBITDA
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NewsBusiness rates surcharge could cause closures, UKH warns
The trade body has untied with the British Retail Consortium to warn that the planned surcharge could leave hundreds of high street properties at risk of closure
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NewsSoho House founder Nick Jones to launch London hotel next year
The opening marks Jones’s first hotel project outside the Soho House brand since he stepped away as CEO of the private members’ club group in 2022
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InterviewsRanjit Mathrani: ‘People aren’t spending, they’re saving'
The chairman of MW Eat tells MCA the impact of last year’s budget has been ‘devastating’ while uncertainty over what comes next is putting a dampener on consumer spending
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OpinionMore room at the inn: observations on current pub sector M&A
Prospective buyers in the UK’s pub sector are increasingly focused on what the transaction can do for their existing business, AlixPartners’ director Craig Rachel writes in MCA
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NewsStonegate looking to sell 23 free-of-tie pubs
The available sites, which are all located in England, include: Admiral Macbride, Plymouth; Crown & Anchor, Bromley; and Dartmouth Arms, Forest Hill – the location of Scott Collins’ MeatLiquor pub-restaurant
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NewsDerwent London launches all-day café concept
DL/ Service will be open to the public across four of Derwent’s buildings in Fitzrovia, Old Street and Whitechapel
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NewsRedCat appoints new group property director
David Roberts joins the Rooney Anand-chaired pub business from Stonegate, and replaces Kamran Aziz, who is entering retirement
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NewsInsomnia Cookies UK appoints head of property
The late-night cookie brand has appointed Kevin Norman, who joins the company from Rekom UK, as head of property
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NewsProperty deals held off until New Year
Buyers and vendors are now delaying transactions until 2024 to avoid business disruption over Christmas, according to Christie Group
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NewsNew calls to freeze business rates
Analysis by UKHospitality suggests increasing business rates by inflation could increase bills for the hospitality sector by £220 million next year, The Sunday Times reports
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OpinionFreeing London’s nightlife
Nick Weir, joint managing partner at Shelley Sandzer, argues the capital needs a breath of fresh air and new ideas to rediscover its groove post-Covid
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OpinionShelley Sandzer: Calling time for growth
Ted Schama, joint managing partner at Shelley Sandzer, says fitted units and fair rent without premiums are offering attractive opportunties for good operators to expand
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Analysis & InsightCommercial property supply to increase by 2.8% in Q2
Robert Irving Burns said there was continued high demand for premium quality in the leisure property sector
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NewsCapco sees strong trading in Covent Garden
The West End property company, soon to merge with Shaftesbury, said it saw leasing momentum in its targeted categories, including new signings such as Gaucho
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Analysis & InsightSales prices up but transactions down for pubs
The average freehold sale price of pubs increased by 54.6% to £710,978 in 2022, as the quality of sites increased, according to Fleurets’ new Survey of Pub Prices.