Hotels & leisure news – Page 13
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Godwin submits planning for mixed-use Wisbech scheme
Godwin Developments has submitted an outline planning application for a range of commercial uses for its 9.5-acre site in Wisbech, Cambridgeshire.
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Dominus hires projects director
Dominus has appointed Will Charlton as its new projects director to help grow the group’s UK pipeline.
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Brookfield puts Center Parcs up for sale for between £4bn and £5bn
Brookfield has placed holiday resort group Center Parcs up for sale and is understood to be seeking between £4bn and £5bn.
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Leumi lends Fattal £43.7m for Brighton Grand purchase and refurb
Fattal Hotel Group has secured a £43.7m loan for the acquisition and refurbishment of The Grand hotel in Brighton from specialist property lender Leumi UK.
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Threat of Brixton Academy closure a ‘wake-up call’ for venue operators
The potential closure of iconic south London music venue Brixton Academy has been called “a stark wake-up call” for all leisure and venue operators, after the Metropolitan Police called for it to lose its licence following a fatal incident.
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City Corporation gives £73m towards Museum of London relocation
The City of London Corporation has committed £73m of funding towards the plans to relocate the Museum of London from the Barbican to a series of historic buildings at West Smithfield.
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PPHE Hotels posts positive update to investors
PPHE Hotel Group increased its revenue by 115% during the first quarter of 2023 as people returned to travel after the Covid-19 lockdowns.
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Croydon town centre revival plans to get reboot after URW buys Hammerson out of JV
Multi-billion-pound plans to redevelop the centre of Croydon look set to be reborn following shopping centre giant Unibail-Rodamco-Westfield’s (URW’s) purchase of Hammerson’s 50% stake in the 10ha Croydon Partnership.
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Fiera Real Estate launches European Debt Fund
Fiera Real Estate UK has secured £100m in seed funding for a new open-ended pan-European real estate debt fund.
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UK capital values return to growth as retail stabilisation continues
UK investment property valuations have shown “a notable return to capital value growth” across the market, according to research from analyst firm Goodbody.
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Gravity appoints Stärka to advise on site acquisitions
Entertainment and leisure company Gravity has appointed real estate adviser Stärka to find sites in the UK and internationally.
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Stärka appointed as sole agent for Bean Coffee expansion
Independent coffee operator Bean Coffee Roasters has appointed the leisure real estate advisory business Stärka as its sole agent to help with the expansion of its portfolio.
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Manchester City pitches £300m leisure complex at Etihad stadium
Manchester City, part of City Football Group, has submitted a planning application to build a £300m entertainment and leisure complex at its Etihad Stadium ground.
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Concerns raised over planning permission proposals for holiday lets
Government plans to require short-term rental owners in England to seek planning permission has raised concerns from property specialists.
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Birmingham’s Star City placed up for sale for £65m
Real estate asset manager and developer Quadrant has placed major UK leisure destination Star City up for sale for a reported £65m, Property Week understands.
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Boxing brand UBX looks to clinch 250 clubs across UK
Australian boxing brand UBX and franchise investor Empowered Brands are aiming to roll out 250 boxing and strength training clubs across the UK over the next six to eight years as part of a £40m expansion plan.
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Cineworld cancels sell-off as it strikes deal to exit bankruptcy
Cineworld has cancelled plans to sell its businesses in the UK, the US and Ireland after failing to find a buyer.
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Leisure Resorts sells Yorkshire holiday home site
Leisure Resorts has sold the five-star holiday home site Rivers Edge Park in the Yorkshire Dales to UK Leisure Parks for an undisclosed sum.
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Not going for a song
Hosting this year’s Eurovision Song Contest boosts Liverpool holiday rents
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CBRE appoints Auger as head of hotels in UK
Global real estate adviser CBRE has appointed Miles Auger as head of hotels to drive performance and execute its UK strategy across its business lines including valuations, advisory, and capital markets.