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By M&C Report team2010-11-16T10:07:00+00:00
Marston’s has said it is planning to reopen 70% of its estate in England from 12 April, and subject to regulatory confirmation, the majority of our Scottish and Welsh pubs on 26 April.
The Great British Pub has become the subject of fervent interest from international investor groups looking for operational real estate. But is the sector as distressed as these funds believe?
When Ralph Findlay announced he would be stepping down as chief executive of Marston’s at the end of September, after 20 years in the role, I experienced a number of emotions.
Upham Group has said it is a strong financial position following the take-up of support offered during the pandemic, including a £1.4m CBIL, and a restructure of its operations, and keen to impress its investors.
Hawthorn CEO Mark Davies has told MCA the “sky’s the limit” for the pub company when it lists as a separate entity.
The strength of the tied model has been validated during the pandemic thanks to the support that pubcos have been able to provide to their tenants, according to Clive Chesser, chief executive of Punch Pubs.
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