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Hotels & leisure news – Page 9
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NewsFattal checks in to Brighton’s Grand Hotel
Fattal Hotel Group, owner of Leonardo Hotels UK & Ireland, has acquired Brighton’s Grand Hotel from the Weston family that controls Associated British Foods, for around £60m.
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NewsDalata Hotel Group purchases Maldron Hotel for £44.3m
Dalata Hotel Group, a hotel operator in Ireland with a growing presence in the UK and continental Europe, has announced the acquisition of its first Maldron hotel in London for £44.3m.
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NewsDominus to provide permanent London home for Migration Museum
Dominus is to create a permanent home for London’s Migration Museum as part of a proposed 769-bed student accommodation development near the Tower of London.
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NewsCenter Parcs ditches plans for £400m holiday village near Crawley
Center Parcs UK has scrapped plans to build its sixth holiday village near Crawley after environmental concerns were uncovered.
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NewsDublin’s Morrison Hotel agrees €42.55m refinancing deal with Leumi UK
Specialist hotel lender Leumi UK has signed a €42.55m (£37.5m) facility deal to refinance the Morrison Hotel, a 145-room Hilton Curio-branded hotel in Dublin city centre.
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NewsP-THREE appointed to lease Olympic Park assets
The London Legacy Development Corporation (LLDC) has appointed real estate agency and consultancy P-THREE to lead on food and beverage leasing at Queen Elizabeth Olympic Park’s ArcelorMittal Orbit, The Podium and East Bank in Stratford, east London.
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OnlineUnder Armour openings continue athleisure outlets growth
Sportswear retailer Under Armour is to launch three more brand-owned stores across the UK in the latest move by athleisure brands to open physical outlets.
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OnlineTime Out Market appoints Gillingham Bell to support global expansion
Gillingham Bell International has been appointed global real estate partner by Time Out Market to supports its foodhall expansion.
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NewsAvison Young reappointed manager for Birmingham’s Brindleyplace
Real estate adviser Avison Young has been reappointed as the estate management team for Birmingham business, culture and leisure destination Brindleyplace by its owner Hines.
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OnlineJastar Capital buys London aparthotel in £40m-plus deal
London aparthotel Native Bankside has been sold by Create REIT to Jastar Capital in a deal in excess of £40m.
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NewsFrench theme park operator searches for UK site
Award-winning international immersive cultural and historical theme park operator Puy du Fou has instructed Savills to find its first UK site.
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NewsBoxpark secures consent for Liverpool brewery site
The Boxpark Group is to open its first site outside London in Liverpool’s Baltic Triangle area, after receiving planning permission and signing a 15-year lease with Cains Brewery Village.
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NewsHotel deals tipped to bounce back from dip in 2022
Hotel deal activity is predicted to pick up pace in 2023 as the sector continues to recover, according to reports from Savills and Knight Frank.
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NewsEnergize Games picks Islington Square site for UK launch
Energize Games has signed a 10-year lease on 7,800 sq ft at Cain International’s mixed-use Islington Square development in north London, for the UK launch of its immersive gaming concept.
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OnlinePlans submitted for £150m Brighton student accommodation development
A Brighton manor house will be converted into a ’pub hub club’ alongside accommodation for 566 students under a recently submitted £150m redevelopment plan.
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NewsAviva sells Manchester’s Corn Exchange to Middle Eastern investor
Manchester’s historic Corn Exchange has been sold by Aviva to a private investor from the Middle East for around £43m.
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NewsAston Villa nets planning approval for stadium expansion
Aston Villa Football Club has been granted planning approval by Birmingham City Council for the first phase of the redevelopment and expansion of Villa Park.
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NewsLondon Resort to scale back £2.5bn theme park plans as boss quits
Proposals for multi-million pound Kent theme park the London Resort have been “significantly” scaled back after a “tumultuous year” for the troubled project, according to Steve Norris, chairman of developer London Resort Company Holdings (LRCH).
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NewsFirst phase of £200m Eckersley Mills plan unveiled
Heaton Group has unveiled plans for the first phase of its £200m transformation of a Grade II-listed mill in Wigan, following approval by Wigan Council.
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NewsCineworld to begin discussions over sale of whole business
Bankrupt UK cinema operator Cineworld Group has confirmed it will begin discussions this month with potential buyers, but only those interested in buying the entire group as it seeks to avoid breaking up the business.
