All Leisure articles – Page 3
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Online
BNP Paribas REIM acquires 25 Victoria Street offices for £42.5m
BNP Paribas Real Estate Investment Management (REIM) has acquired 25 Victoria Street, a grade-A building in central London, for £42.5m, marking the first UK acquisition of its European Impact Property Fund (EIPF).
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Henry Wilson joins Distrkt from Shelley Sandzer
Specialist hospitality and leisure agency Distrkt has appointed former Shelley Sandzer leasing agent Henry Wilson as a director.
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EG Group agrees to sell over 200 KFC restaurants to Yum!
Forecourt and food service operator EG Group has agreed an undisclosed deal to sell all of its 218 KFC restaurants – half of which are drive-throughs – to Yum! brands’ KFC division.
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Irish cinema group to enter mainland UK with Empire theatres acquisition
Omniplex Cinema Group, Ireland’s largest cinema company, has swooped to acquire five cinemas from Empire Cinemas Group, which collapsed earlier this year.
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Criterion splashes £135m on Haymarket House for hotel redevelopment project
Criterion Capital has acquired Haymarket House in London’s Piccadilly Circus for a reported £135m.
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Gove calls in proposals for Stratford’s MSG Sphere, but developer says the scheme is dead
Housing secretary Michael Gove has officially called in proposals for the Las Vegas-style Madison Square Garden (MSG) Sphere in Stratford, east London, after mayor of London Sadiq Khan rejected controversial plans for the entertainment venue.
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Michael Gove intervenes on Sadiq Khan’s rejection of the MSG Sphere in Stratford
Housing secretary Michael Gove has ordered a six week pause to determine whether he should have the final say on proposals for the MSG Sphere in Stratford, east London, after mayor of London Sadiq Khan rejected controversial plans for the Las Vegas-style entertainment venue.
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Milton’s administrators to put 25 North East and Yorkshire pubs up for sale
Administrators to property firm Milton Portfolio Op Co 3 plan to put a portfolio of 25 pubs across North East and Yorkshire up for sale early next year.
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Youtuber fast-food offering Sides to set up shop in Manchester Arndale
Sides, the fast-food offering created by YouTube group The Sidemen, is to open its first Manchester outlet after taking a 1,222 sq ft unit at the Arndale Centre on a 10-year lease.
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Chancellor announces £4.3bn small business rates support package
The chancellor’s Autumn Statement has unveiled a business rates support package worth £4.3bn over the next five years to help high streets and small businesses.
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‘Remarkable’ growth of competitive socialising set to last, Savills reports
Competitive socialising in the UK is growing at a “remarkable” rate, according to research from Savills, which has labelled the sector as “the biggest development the leisure sector has seen in decades”.
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Sadiq Khan rejects plans for Vegas-style MSG Sphere in Stratford
Plans for the MSG Sphere, a Las Vegas-style mega venue in Stratford, have been blocked by London mayor Sadiq Khan.
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Brookfield shelves plans to sell Center Parcs
Brookfield is reported to be rethinking its plan to sell holiday resort group Center Parcs after failing to find a buyer willing to meet its £5bn price tag.
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Young & Co Brewery to purchase City Pubs in £162m deal
Young & Co Brewery, a managed operator of pubs and rooms to rent across London and the south of England, has reached an agreement to acquire City Pubs for around £162m.
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BrewDog boss slams council and developer over ‘delayed’ Durham bar opening
The boss of brewery and pub chain BrewDog has taken aim at Durham County Council and joint venture developer The Arlington Real Estate and Richardson over delays in opening a bar, which he claims have now stretched beyond 12 months.
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Paramount sues London Resort over £2.5bn theme park plans
London Resort Company Holdings’ (LRCH), which had planned to bring a multi-billion-pound theme park to Kent, is reportedly being sued by entertainment giant and former partner Paramount over allegations that LRCH’s restructuring earlier this year, after it called in administrators, was unfair.
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London mayor Sadiq Khan set to decide on Vegas-style MSG Sphere in Stratford
Plans for the MSG Sphere, Madison Square Garden’s controversial, proposed 21,500-capacity entertainment venue in Stratford, east London, have arrived at the mayor of London’s office, with Sadiq Khan set to decide in the next two weeks whether to approve the scheme.
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Gym operator to make UK debut in West Midlands shopping centre
Fitness operator XTRAFIT is set to make its UK debut with a 40,000 sq ft gym in a former Debenhams in the Merry Hill shopping centre in Brierly Hill, West Midlands.
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Britain’s oldest casino up for sale for £70m following closure
Britain’s oldest casino has closed down after 195 years and is now up for sale for £70m.
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CBRE boosts asset management strength with Sovereign Centros acquisition
Commercial real estate firm CBRE has acquired asset and development manager Sovereign Centros.