All Leisure articles – Page 4
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News
Third Space to open trio of London health clubs
Luxury health and fitness club operator Third Space has acquired three new locations in London and is set to open clubs in Clapham Junction, Richmond and at The Whiteley in west London.
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CLAS acquires London and Dublin hotels for £300m to ‘capitalise on travel recovery’
Singaporean real estate investment manager CapitaLand Ascott Trust (CLAS) has acquired The Cavendish London hotel and Temple Bar Hotel in Dublin, and a serviced residence in Jakarta for a combined price of S$530.8m (£306.5m).
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CBRE appointed to sell UK cinema portfolio
CBRE has been appointed to sell a portfolio of eight cinemas comprising two luxury boutique Tivoli cinemas, five multiplex cinemas and one standalone cinema.
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‘National scandal’ of The Crooked House pub fire rages on
Confusion and anger continue to surround The Crooked House in Staffordshire after the popular historic pub was gutted by fire and later demolished, sparking a national debate about the protection of heritage buildings.
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Brookfield urges Center Parcs bidders to form consortium to buy business
The owner of the Center Parcs UK holiday villages is negotiating with the three remaining bidders for the business – GIC, Antin Infrastructure Partners and KSL Capital Partners – in the hope they will form a consortium to buy it after no formal offers were made by the second-round bid ...
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Cineworld suspends listing on London Stock Exchange
Cineworld has suspended its listing on the London Stock Exchange and applied to the High Court to be put under administration amid its restructuring process.
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Online
Brookfield pockets £392m payout from Center Parcs as it seeks £4bn sale of upmarket resort
Private equity giant Brookfield has scooped a a £392m dividend following strong performance from its Center Parcs UK holiday village business as the group seeks a £4bn to £5bn sale of the business.
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RLAM sells Preston retail and leisure park for £51.5m
Royal London Asset Management (RLAM), on behalf of The Royal London UK Real Estate Fund, has sold the Capitol Retail and Leisure Park in Preston, Lancashire, to British Land for £51.5m.
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Cushman & Wakefield promotes Bouvet
Cushman & Wakefield has appointed Dominic Bouvet as regional managing partner for London and the South East.
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Online
LXi finance chief quits role
Freddie Brooks has resigned from his role as chief financial officer at LXi REIT to pursue other opportunities.
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Prezzo landlords swallow £32m loss in High Court restructuring plan ruling
Prezzo landlords have been forced to swallow a £32.2m loss after a High Court judge approved a restructuring plan following the closure of 47 loss-making restaurants in April.
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Gateshead Council approves 12,500-capacity arena and conference centre plans
Plans for a 12,500-capacity arena and international conference centre and hotel in Gateshead, Tyne and Wear, have been approved.
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Empire Cinemas enters administration as six sites are closed
Empire Cinemas has entered administration with 150 jobs lost as almost half of its 14 sites closed last Friday (7 July).
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Majestic Bingo falls into administration
Majestic Bingo, the independent operator of eight bingo clubs across England and Wales, has fallen into administration.
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Online
Stärka recruits Gavaghan from Bruntwood
Leisure real estate adviser Stärka has appointed Lauren Gavaghan as acquisitions and development consultant.
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Heartwood secures new funding for ‘pubs with rooms’ rollout
Hospitality and pub group Heartwood Collection has secured additional funding to support its roll-out into freehold pubs and the ’pubs with rooms’ market offering accommodation.
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High Court approves Fitness First restructuring plan
The High Court has approved a controversial restructuring plan proposed by gym operator Fitness First, which will see rents slashed at dozens of its UK sites.
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Online
Hammerson to transform car parks with daredevil circuses over summer
Hammerson is set to roll out pop-up circus and a range of entertainment across its retail centre car park space in what will be a first in the property sector.
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Online
PPHE Hotels raises full-year forecasts after strong first half performance
PPHE Hotel Group has told investors it has maintained its “positive trading momentum” ahead of the end of its financial half-year on Friday.
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Online
TDR Capital considers £2bn sale of David Lloyd Leisure
TDR Capital is reported to be considering a £2bn sale of upmarket gym chain David Lloyd Leisure.