Hotels & leisure news – Page 3
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‘Significant interest’ in portfolio of 25 North East and Yorkshire pubs
Avison Young and Watling Real Estate have reported a “significant level” of interest.
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British Land and AustralianSuper put forward plans to revive Printworks London
A reserved-matters planning application has been submitted to house the music venue in the developers’ Canada Water development from 2026.
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Hegarty promoted to co-CEO at PPHE Hotels
Greg Hegarty will work alongside the firm’s president and chief executive Boris Ivesha.
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McLaren Living picked as development partner for £250m Reading scheme
McLaren Living will develop 600 new homes on the Minster Quarter Central site.
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R&F in talks to sell £1.3bn One Nine Elms development
Chinese developer confirms plans to offload asset to avoid loan defaults.
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Stoneweg InfraSport to open £50m wave park in Birmingham
It is the recently launched partnership’s first wave park in the UK.
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Blue Coast Capital buys up Everyman Cinema shares
The company now holds a 28.3% stake in the chain.
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Richard Caring puts Ivy restaurants up for sale for £1bn
Saudi Arabia’s Public Investment Fund is reportedly interested in buying the group.
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UK debt funding gap among lowest globally, AEW analysis shows
Europe has most challenging property debt market but UK is outperforming, AEW finds.
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PPHE delivers positive trading update
PPHE Hotels expects revenue to beat previous expectations of £400m.
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Northern Ireland Investment Fund provides £28m loan on Belfast hotel
JMK Group lands development finance for Titanic Quarter hotel scheme.
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London’s deputy mayor to decide on controversial Wimbledon expansion
Mayor of London’s office takes charge of Wimbledon All England Lawn Tennis Club’s controversial plans.
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Burger brand Fat Phill’s signs UK franchise agreement
Franchisee Freshly Baked has said it aims to open 100 locations over the next 10 years.
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Savills expects ‘strong interest’ in Selsdon Park Estate
The property agency is advising on the sale of the hotel in south London.
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Charles Irvine wins £100m backing to build 60 EV service stations
Joint venture (JV) between Charles Irvine and Meadow Partners plans 60 sites across the UK.
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London Tunnels plans London Stock Exchange flotation
Tourist attraction developer intends to undertake first IPO of 2024
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UK’s largest nightclub owner set to enter administration
Rekom has revealed it plans to appoint administrators as it struggles with higher bills.
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Archie’s roller rink restaurant signs at Trafford Palazzo
American-style burger chain to launch leisure concept at the Manchester shopping centre.
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Starwood Capital acquires London portfolio of Radisson Blu Edwardian hotels
Edwardian Hotels London has sold all 10 of its Radisson Blu Edwardian hotels in the capital to Starwood Capital Group.
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Real estate transaction volumes down 20% in 2023, report finds
Inflation and high interest rates suppressed real estate transaction volumes in 2023, a new report by specialist business property adviser Christie & Co has concluded.