All Pubs articles – Page 207
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News
Analyst corner: Nick Batram on Spirit
Under the heading “Greene with envy” Nick Batram at Peel Hunt looks at the upcoming full-year update from Spirit
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NewsCerberus sells eight-strong pub portfolio for £54m
TIAA Henderson Real Estate has acquired a portfolio of eight central London-based freehold pubs, all let to Spirit Pub Company, from Cerberus Capital Management for £54m
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News
Golfrate acquires 11-strong pub portfolio
Golfrate, the London-based property management company, has acquired an 11-strong package of pubs, the majority of which are owned by Punch Taverns, in a deal funded by a new £20m loan
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News
BBPA warns of unlawful rent assessments in statutory code
The Government’s inclusion of parallel rent assessments in the pub statutory code risks being unlawful if it means an adjudicator could use them as a basis to determine rent, British Beer & Pub Association (BBPA) policy director Andy Tighe has warned
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News
ETM consolidates estate
ETM Group is in the process of consolidating its estate, as it gears up to open in south Ealing
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Analysis & Insight
It’s a funny old business running Yummy
Tim Foster, ‘head of mischief’ at Yummy pubco, talks to Mel Flaherty about his childhood influences and adult acceptance of his shortcomings
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News
Inclusion of parallel rent assessments could be unlawful
The Government’s inclusion of parallel rent assessments in the pub statutory code risks being unlawful if it means an adjudicator could use them as a basis to determine rent
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News
SmartDispense to be rolled-out to 50% of Star pubs
Star Pubs & Bars, the Heineken owned leased pub operator, is installing its SmartDispense draught cooling systems in 50% of its 1,100 strong estate by the end of 2016
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NewsYoung’s completes 580 Group deal
Young’s has completed the acquisition of 580 Limited, the operator of four pubs in prime London locations, for £10.4m
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NewsSpirit to sell Earls Court pub for c£15m
Spirit Pub Company is close to completing the sale of its Prince of Wales pub to Capital & Counties Properties PLC (Capco), in a deal valued at c£15m
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NewsStar Pubs ends disposal programme
Star Pub & Bars has reassured its lessees that the sale this month of 111 pubs to Admiral is the end of the company’s disposal programme
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News
Punch and Admiral rule out managed move
Punch Taverns and Admiral Taverns have both ruled out introducing managed divisions alongside their leased and tenanted estates
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NewsPunch tenants say pubco ‘must change’
Punch Taverns bosses have reiterated that it is “business as usual” following the long-awaited completion of its financial restructuring, despite demands for a corresponding rebalancing of its relationship with tenants
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News
Orange Tree branches out with craft beer bar
Independent pub operator, The Orange Tree, has converted its Leicester pub, the Obar, into a craft beer bar following refurbishment
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NewsLaine Pub Co adds south London site
Laine Pub Company, the pub operator backed by Luke Johnson and led by Gavin George, has secured its eighth site in London
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NewsYoung’s in talks to acquire 580 Group
Young’s is believed to be in advanced talks to acquire the 580 Group, the four-strong, London-based pub operator, in a deal valued at c£11m
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NewsPubs to face £350 business rates hike unless multiplier is frozen
The British Beer & Pub Association (BBPA) has warned that each pub could face a £350 hike in its business rates bill if the Government does not announce a freeze in the tax multiplier in December’s Autumn Statement
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News
Pug Pubs confirms third site
Pug Pubs, the Midlands pub company set up by former M&B director Nigel Pinegar and former openings manager Matthew Crowther, has secured its third site in Great Glen, south of Leicester, M&C Report has learnt
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News
Brains adds to Trees portfolio
Brains, the Cardiff-based brewer and pub operator, is to open a fourth site under its all-day café bar concept Trees
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NewsSpirit shares climb on higher bid speculation
Shares in Spirit climbed 6.1% to 90.75p amid speculation that Greene King will soon return with a firm offer for the business