Shepherd Neame, the Kent brewer and pub operator, is to invest £3m in its pub estate over the next year "to help see its licensees through the economic downturn". Around 160 pubs - half of Shepherd Neame’s tenanted pub estate – will receive internal and external refurbishments. The company said the move follows a detailed assessment across the estate to identify building projects that would make a difference to licensees’ businesses. Shepherd Neame tied trade and property director George Barnes said: “We’re all too aware of the difficult trading conditions facing businesses and have re-focused our pub investment strategy to support and motivate our licensees.