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By M&C Report team2011-01-26T15:06:00+00:00
The property market is becoming a more competitive space, particularly in the types of location Peach Pubs operates in such as suburban locations and market towns, managing director Hamish Stoddart told MCA.
City Pub Group has acquired a 49% stake in Kensington Park Hotel and increased its shareholding in Mosaic Pub and Dining.
Peach Pubs has opened strongly post lockdown with its 19-strong portfolio reporting an “outstanding” first two trading weeks, as well as a search for new pubs and a raft of new initiatives focused on people, service and sustainability.
Pub operator Livelyhood has lined up two new openings as part of its plans to expand the group within its south London heartland and further afield, operations director Tom Talbot has told MCA.
The Barkby Group’s hospitality arm has entered in a new six-year lease agreement for The Ebrington Arms in Gloucestershire.
Global real estate advisor CBRE has been appointed by Aviva Investors to sell a collection of pubs let to Marston’s, worth £21.6m.
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