Hotels & leisure news – Page 15
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Time 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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Avison 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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Jastar 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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French 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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Boxpark 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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Hotel 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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Energize 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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Plans 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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Aviva 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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Aston 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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London 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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First 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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Cineworld 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.
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Dilly Hotel sale completes
The Fattal Group has completed its purchase of London’s The Dilly Hotel from Archer Hotel Capital.
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Pubs raise glass to alcohol duty freeze
The government’s decision to freeze alcohol duty for another six months will allow £180m to be reinvested into the pub and brewery industry, according to the British Beer and Pub Association (BBPA).
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Watergate Bay Hotel owner checks in to Sands Resort
The family firm that owns the Watergate Bay Hotel has acquired a 72-room hotel, the Sands Resort, one mile from its hotel in Cornwall, for an undisclosed amount.
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Hammerson strikes bowling deal for Birmingham’s Bullring
Tenpin bowling operator Lane7 Group has agreed to take 28,000 sq ft at property giant Hammerson’s Link Street, Birmingham, which connects the Bullring and Grand Central shopping centres.
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GWM’s Credo Fund provides €58.4m refinancing for Dublin’s Hampton by Hilton hotel
London-based asset manager GWM Group has provided a €58.4m senior loan and refinanced a construction loan on a newly built Dublin hotel.
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Oxygen appoints agents to advise on expansion plans
Family activity group Oxygen has appointed real estate advisory firm Stärka to support the brand’s expansion throughout the UK.
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LXi strikes Travelodge leasing deals
LXi REIT has agreed a lease re-gear deal with Travelodge on all of the 122 hotels in its Secure Income REIT portfolio.