All Property articles – Page 34
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News
Intu: Significant increase in catering and leisure development pipeline
Intu, the shopping centre operator, has reported occupancy rates of 95% for the 2014 financial year – the same as the year before- with like-for-like retail sales within its centres up 2.5%.
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News
Highest pub rent costs in two years
Pub rent as a percentage of projected turnover reached its highest level for almost two years in the last quarter of 2014, but saw a slight drop overall compared to 2013, according to the Royal Institute of Chartered Surveyors Pub Benchmarking Survey.
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Report names top 10 locations for business rates appeals
Colliers International has published its list of the areas that would most benefit from lodging an appeal against their business rates.
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News
Intu launches multi-channel promotion to drive footfall
Intu, the shopping centre operator, is launching a multi-channel marketing campaign across its shopping centres to grow footfall with the promotion of Home, an upcoming release from Dreamworks
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News
Hammerson says consumer confidence boosted revenues in FY14
Landlord Hammerson let 178,900 square metres of space during the year to 31 December, up 16% year-on-year, with like-for-like net rental income rising 2.1 per cent.
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NewsStonegate portfolio sold for £30m
A package of pubs let to Stonegate Pub Company has been sold by its backer TDR Capital to real estate investment company Mansford for c£30m
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News
Murata pays £1.5m premium for first London restaurant
Celebrated Japanese chef Yoshihiro Murata is believed to have paid a premium of £1.5m to open his own restaurant in London’s Mayfair.
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News
Intu unveils plans for £150m shopping centre in Nottingham
Intu has revealed details of its £150m revamp of Nottingham’s Broadmarsh shopping centre, to include a host of restaurants, a cinema and the potential for a bowling alley.
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Analysis & Insight
Half of shopping centre space could be converted to leisure
Nearly 80% of respondents to a new survey supported the prediction that 50% of shopping centre space will be comprised of leisure and food & beverage operators
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News
Stonegate site sold for £3.3m
The freehold interest of The Slug in London’s Fulham Road, which is let to Stonegate Pub Company, has been acquired by a private investor for £3.3m
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News
Prezzo disposes of Oxford Cleaver
Thai Leisure Group, the company behind the Chaophraya brand, has secured the Cleaver site in Oxford for Thaikhun, its street food-inspired concept, M&C Report understands.
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News
Iconic east London nightclub on the market
The leasehold of the former Rex nightclub in Stratford, east London, has been brought to the market by leisure property specialists Fleurets
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NewsEd’s strengthens property team
Ed’s Easy Diner, the Andrew Guy-led chain, has strengthened its property team with the appointment of former Little Chef property director Chris Cotton as its new property and development manager, M&C Report understands.
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News
New Forest pub brought to market
The operators of the Elm Tree in Ringwood, New Forest, have placed the site on the market on a partially-tied lease with Greene King
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News
YO! Sushi property sold for £6m
Amazon Property has sold the restaurant unit housing YO! Sushi in London’s Poland Street for £6m
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Analysis & InsightPubs: leaner, fitter & more sustainable
The average sale price of a pub has increased by 8.6% over the past year, according to the latest research from property agent Christie + Co
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News
Festive lfls up 15% at Liverpool One
Sales over the Christmas period were up 15% at Liverpool One, the northwest leisure and retail development, compared to the previous year with Boxing Day seeing lfls up 19% and catering sales up 8% year on year
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NewsMarston’s makes £6m Yorkshire investment
Marston’s has invested £6m acquiring two new developments in Yorkshire
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News
Irving St site let to Caffe Concerto sold for £14.4m
A private Qatari investor has acquired 17-18 Irving Street, near Leicester Square, which is set to house a new Caffe Concerto, for £14.4m
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News
Property advisor predicts “frenetic” year for restaurants
Estimates of a record-breaking year for restaurant openings in the capital are “very conservative” according property advisor David Rawlinson.