Hotels & leisure news – Page 21
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NewsWhitbread forward-sells prime Farringdon office building
Whitbread has exchanged contracts to forward-sell a central London office building, on 68-86 Farringdon Road, to one of CLI Dartriver’s investment programmes for almost £40m.
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NewsPPHE Hotel Group records 2020 bounceback but stays far behind pre-pandemic performance
PPHE Hotel Group has fallen short of pre-pandemic revenue totals for Q1 2022, despite a near sixfold increase over the same period in 2021.
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OnlineLaSalle IM launches €500m European hotel fund
LaSalle Investment Management has launched a €500m (£422m) pan-European urban hotel strategy via a strategic partnership with NUMA Group.
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![Bowling Gravity. [89]](https://d2bq2usf2vwncx.cloudfront.net/Pictures/100x67/1/1/3/1866113_bowlinggravity.89_78824.jpg)
OnlineGravity to open £10m leisure site at Liverpool ONE
Gravity Active Entertainment is set to open a 100,000 sq ft leisure experience worth £10m at Liverpool ONE later this year.
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OnlineZorin Finance completes £22m senior living development loan
Alternative property lending group Zorin Finance has completed a £22m development loan to Haslar Developments for the Royal Haslar site in Hampshire.
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OnlineBritish Land sells 75% of Paddington Central assets to GIC
British Land has sold a 75% interest in its Paddington Central assets to Singaporean finance giant GIC for £694m, 1% less than the September book value.
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OnlineKnight Frank expands UK hotels team
Knight Frank has appointed Ryan Lynn as a partner in its hotel agency team.
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![thumbnail_Puttstars 1[73]](https://d2bq2usf2vwncx.cloudfront.net/Pictures/100x67/0/9/7/1866097_thumbnail_puttstars173_756824.jpg)
NewsPuttstars to open fifth UK site in Peterborough shopping centre
Indoor mini-golf brand Puttstars will open its fifth location in a new leisure extension at Queensgate Shopping Centre in Peterborough.
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NewsLaSalle funds £50m Hammersmith Premier Inn development
LaSalle Investment Management has provided funding for the £50m development of a 189-bedroom Premier Inn hotel in Hammersmith, west London.
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NewsFrogmore and C1 snap up Hilton London Olympia in £150m deal spree
Frogmore and C1 Capital have purchased Hilton London Olympia as part of a series of joint-venture hotel acquisitions worth £150m.
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NewsNew carnival game space to open in Canary Wharf
Two prominent London hospitality and leisure figures have joined forces to open a carnival games concept, Fairgame, at Frobisher Passage in Canary Wharf.
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OnlineUBS provides funding for central London hotel and office scheme
UBS Asset Management Real Estate & Private Markets (REPM) is providing equity funding for a new hotel and office asset close to the City of London.
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NewsTristan Capital snaps up Point A Hotels in £420m deal
Tristan Capital Partners has acquired a majority shareholding in Raag Hotels, the owner of Point A Hotels, in a £420m transaction.
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NewsSheffield Leadmill landlord to take over running of venue
The landlord of famous Sheffield music venue The Leadmill has served an eviction notice on the current operator and plans to take over running the venue itself.
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NewsColliers duo set to join rival business Savills
The head of central London restaurants and a retail surveyor from Colliers are moving to Savills to form a new specialist leisure team within its retail division.
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NewsColliers restaurant head jumps ship to Savills
The head of central London restaurants at Colliers is moving to Savills to take on what is set to be a new leisure role, Property Week understands.
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NewsStratford’s Madison Square Garden Sphere gets planning approval
The controversial Madison Square Garden (MSG) Sphere entertainment venue in Stratford, London, has been recommended for planning permission by the London Legacy Development Corporation (LLDC).
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NewsMayfair Capital’s PITCH acquires Premier Inn in Leeds
Mayfair Capital’s Property Income Trust for Charities (PITCH) has purchased a Premier Inn hotel in Leeds from Town Centre Securities (TSC).
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NewsCSP ex leisure head sets up shop
Stuart Burdon-Bailey, former head of leisure at Curson Sowerby Partners (CSP), has launched EDIT LEISURE, a leisure advisory business specialising in leasing, development, consultancy, asset management and tenant representation.
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OnlineBlackstone mulls Parkdean Resorts buy
Blackstone is considering a bid for Parkdean Resorts through its Bourne Leisure unit.
