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All Property articles – Page 9
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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.
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NewsJD Wetherspoon confirms further pub disposals
The pub operator has appointed CBRE and Savills to sell seven further pubs, in addition to the 32 already on the market.
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Analysis & InsightOut-of-town locations have seen uptick in fortunes
The popularity of out-of-town destinations with operators such as Tim Hortons and Greggs has lead to a significant uplift in the rents that can be achieved in this format, Savills said.
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NewsThe Alchemist secures York site
The bar and restaurant group is set to open its first site in York, next year, after securing a 5,000 sq ft space at The Coach House building in the city.
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NewsWest End property values fall
The value of commercial property in the West End of London is falling as higher interest rates impact the area’s recovery, however pre-Christmas trading has been strong
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NewsDistrkt: ‘London’s property dynamics have changed’
At MCA and BigHospitality’s Generation Next event, co-founder Camilla Topham discussed the post-pandemic property landscape and the property consultancy’s expectations for next year
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NewsInn Collection secures further Welsh property
The group has completed on its second Welsh site – The Bull in Beaumaris on the Isle of Anglesey – for an undisclosed sum, taking its estate to 32 sites.
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NewsBrasserie Bar Co appoints group property director
Ed Little, formerly property director at RedCat Pub Company, will join the group on 5 October