Leisure news
Brookfield puts Center Parcs up for sale for between £4bn and £5bn
Brookfield has placed holiday resort group Center Parcs up for sale and is understood to be seeking between £4bn and £5bn.
Threat of Brixton Academy closure a ‘wake-up call’ for venue operators
The potential closure of iconic south London music venue Brixton Academy has been called “a stark wake-up call” for all leisure and venue operators, after the Metropolitan Police called for it to lose its licence following a fatal incident.
City Corporation gives £73m towards Museum of London relocation
The City of London Corporation has committed £73m of funding towards the plans to relocate the Museum of London from the Barbican to a series of historic buildings at West Smithfield.
Croydon town centre revival plans to get reboot after URW buys Hammerson out of JV
Multi-billion-pound plans to redevelop the centre of Croydon look set to be reborn following shopping centre giant Unibail-Rodamco-Westfield’s (URW’s) purchase of Hammerson’s 50% stake in the 10ha Croydon Partnership.
Fiera Real Estate launches European Debt Fund
Fiera Real Estate UK has secured £100m in seed funding for a new open-ended pan-European real estate debt fund.
UK capital values return to growth as retail stabilisation continues
UK investment property valuations have shown “a notable return to capital value growth” across the market, according to research from analyst firm Goodbody.
Gravity appoints Stärka to advise on site acquisitions
Entertainment and leisure company Gravity has appointed real estate adviser Stärka to find sites in the UK and internationally.