All Leisure articles – Page 3
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OnlineGyms and leisure centres facing legal action over rent payments
Gyms and leisure centres say they face being evicted from their premises as landlords use a legal loophole to penalise them for rent non-payment – leaving 2,800 gyms at risk of permanent closure and 100,000 jobs at stake.
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Pub giants urged to give tenants more support during lockdown
Pub companies have been urged to do more to support tenants during the coronavirus crisis, after it emerged that five of six major firms had not yet waived any rent.
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Cineworld scraps dividend and outlines its coronavirus battle plan
Cineworld has cut its dividend and executive pay and is talking to lenders over its liquidity requirements as it copes with the Covid-19 lockdown.
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Secure Income Reit collects three quarters of rent despite theme park closures
Hospital to theme park group Secure Income Reit collected almost three quarters of quartely rent due, despite the Covid-19 lockdown leading to the temporary closure of assets such as Alton Towers and Thorpe Park.
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Pub landlords under pressure to cancel rents
Tenanted pub owners are under pressure to cancel rents instead of deferring them.
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The City Pub Group seeks £22m through new shares placing
The City Pub Group is looking to raise up to £22m to strengthen its balance sheet with a placement of new shares after the business was hit by the coronavirus outbreak.
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Kent studio project still set for action in 2020
Ashford studio developers aim to break ground this year despite planning delay
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Covid-19: British Land lays out plans to support tenants
British Land has set plans in motion to support its hospitality tenants that have been forced to close.
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Covid-19: Leon to turn its UK restaurants into shops
Fast food restaurant Leon is turning its 65 UK restaurants into shops, selling meals via both click-and collect and delivery from 25 March.
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Covid-19: NewRiver reassures investors on virus outbreak
NewRiver REIT has said it was well prepared for the closure of pubs across the UK as the nation prepares for more emergency measures to prevent the spread of the Covid-19 virus.
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Calls for extreme measures to save retail and leisure sectors
Fears mount that government’s coronavirus measures will not be enough to stop businesses going under
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Restaurant Group at risk of significant Covid-19 sales hit
The Restaurant Group has warned that sales may halve over the first six months of 2020, due to the outbreak of coronavirus.
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Revo calls on government for urgent financial support for retail landlords
Revo has written to the Chancellor, Rishi Sunak, calling for urgent financial aid for retail landlords who have been impacted by retailers’ demand for rent cuts.
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NewRiver suspends dividend as it seeks to preserve cash during coronavirus crisis
NewRiver REIT has suspended dividend payments as it tackles the coronavirus outbreak, telling investors its focus was on managing cash resources “very carefully” and maintaining liquidity.
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The Deck at The Lexicon adds new retail and leisure operators to the mix
Hollywood Bowl and The Botanist have signed up to take over 30,000 sq ft at The Deck in Bracknell.
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Covid-19: Government to allow pubs and restaurants to become takeaways
The government will allow pubs and restaurants to operate as takeaways without the need for planning permission.
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Carluccio’s asks for three month rent holiday
Carluccio’s is in talks with landlords to negotiate a three-month rent holiday, as the restaurant chain becomes the latest to be hit by the coronavirus outbreak.
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Coronavirus could mean closures for Cineworld
Cinema chain Cineworld has warned revenue lost to coronavirus could leave it unable to pay off debt or even having to close cinemas permanently.
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Manchester Arena set to become Europe’s largest indoor arena
Manchester Arena has revealed redevelopment plans which could see it become Europe’s largest indoor arena.
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Otium Real Estate buys Wigan leisure park
Otium Real Estate has bought the Robin Leisure Park in Wigan on behalf of its Otium Leisure Ventures II Fund.
