All Property articles – Page 5
-
NewsSurvey - 69% looking at restructuring or insolvency
More than 80% of UK hospitality operators believe their commercial terms with landlords will not be sufficient to see their businesses through this next phase of trading restrictions.
-
Analysis & InsightTurnover rents a ‘sensible transition solution’
Turnover rents are a short-term solution for the uncertainty of the coronavirus crisis, but landlords and tenants will want to return a more normalised fixed rate model once the market begins to get back to normal, CGA’s Follow the Monday has heard.
-
NewsShaftesbury collects 41% of rents in H1
West End pub and restaurant landlord Shaftesbury has said it remains confident in the long-term prospects of its portfolio, despite collecting less than half of its owed rent in the past six months.
-
NewsDebt enforcement moratorium extended
The government will extend the debt enforcement moratorium until the end of the year, business minister Lord Callanan has announced.
-
NewsLondon mayor calls for year-long extension of business rates holiday
London mayor Sadiq Khan has called for a year-long extension of the business rates holiday for retail, hospitality and leisure businesses.
-
OpinionTed Schama: From third place to second place
I am a family and community man. I live by Hampstead heath and revel in walking the dogs, meeting new people and seeing old faces. I suppose you could say I am a people person.
-
NewsGovernment announces three-month eviction moratorium
The government will extend the eviction moratorium until the end of this year, communities secretary Robert Jenrick has announced today.
-
NewsSeafood Pub Co portfolio up for sale
Ten pubs formerly operated by Seafood Pub Company have been brought to market after the business went into administration.
-
NewsGovernment to extend lease forfeiture moratorium
The government could announce an extension of the lease forfeiture moratorium for hospitality and retail as early as this week, the Financial Times reports.
-
NewsRent crisis will leave ‘bloodbath’ without resolution
A failure to act urgently to solve the rent crisis will trigger a “bloodbath” of hospitality businesses and thousands more jobs lost, UKHospitality has warned the Chancellor.
-
NewsCaffè Nero hires KPMG to negotiate rent cuts
Caffè Nero has reportedly hired KPMG as it looks to negotiate rent cuts and review its property portfolio, Sky News reports.
-
NewsIncipio Group praise landlords for ‘flexibility and support’
Incipio Group, the London-based large-scale restaurant and bar operator, has praised its landlords for their support in helping the business navigate the coronavirus crisis.
-
InterviewsBoxpark CEO Roger Wade: Rent is the ‘dinosaur in the room’
Without a workable solution to tackle outstanding rent liabilities, all other support packages and recovery measures will be a “total and utter waste of time,” Boxpark CEO Roger Wade has said.
-
NewsWahaca to shutter a third of estate
Wahaca is set to close a third of its estate in a bid to secure its future beyond the coronavirus crisis.
-
NewsBoxpark appoints new property director
Boxpark has appointed Simon Bishop as property director to drive the company’s development plans over the next five years. Bishop has over 25 years’ experience in leisure acquisitions and has delivered sites in both the UK and Europe for brands including Peach Pub Company, Scottish and Newcastle Retail, City Inn ...
-
NewsStar invests a further £4m in rent reductions
Star Pubs & Bars is to invest a further £4m in rent reductions for its leased and tenanted pubs in September and October.
-
NewsLandlords and operators issue joint call for government rent support
Landlords and operators have come together in a joint call for a government backed ‘property bounceback grant’ to facilitate in rent negotiations.
-
NewsItsu hopes to cut rents on 53 sites in CVA
Itsu plans to close two and cut rents on 53 of its sites by means of a company voluntary arrangement.
-
NewsGovernment calls for evidence on business rates reform
The Government has called on businesses, business representative organisations and other interested parties to provide evidence for a fundamental reform of business rates
-
NewsColliers: Crisis forcing ‘fundamental restructuring of the sector’
Casual dining spending in the UK will fall by more than £20bn this year, according to estimates Colliers.