Leisure news
Sovereign Peveril JV submits plans for £500m Hertfordshire mixed-use scheme
Development joint venture Sovereign Peveril, the Borough of Broxbourne and Hertfordshire County Council have submitted planning for the £500m Brookfield Riverside development.
Former Butlin’s owner buys back parks chain
Vendor Blackstone will reinvest £300m sale price in other Bourne Leisure brands
Troon International makes 10 appointments globally
Golf and golf-related hospitality management company Troon International has made 10 appointments across Europe, North America and Asia.
Savills acquires James A Barker
Savills has acquired James A Barker (JAB), a specialist adviser for licensed property, for an undisclosed amount.
LXi REIT sells income tranche from theme park assets for £257m
Commercial property investor LXi REIT has sold a 65-year “income strip” representing 30% of the annual rental income from Merlin Entertainments-run theme park assets to an unnamed UK institution for £257m.
MetroCentre buys Gateshead former brewery for leisure development
The owner of the UK’s biggest shopping centre has acquired 13 acres of neighbouring land in Gateshead once used by a brewery to produce Newcastle Brown Ale, to develop leisure activities.
Battersea Power Station to welcome further range of brands
More than 20 brands are set to open stores at Battersea Power Station and the surrounding area, including Abercrombie & Fitch, IWC and M&S Food Hall.
