All Retail, leisure & hotels articles
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OnlineURW places £1.79bn bond after shareholders reject share issue
Unibail-Rodamco-Westfield (URW) has placed a €2bn (£1.79bn) bond, days after its chief executive announced his intention to step down.
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Online
Nine Travelodge hotels move to competitor AGO
Nine Travelodge hotels have moved to new platform AGO Hotels following the break clause deadline on 18 November.
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Markets
Weathering the Covid storm
Amid lockdown 2.0, the south west region’s leisure industry is once again holding its breath.
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Online
Clarks CVA passes amid criticism
Clarks CVA has passed successfully despite fierce operation from landlords.
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Online
Green light for Gateshead’s £260m regeneration scheme
Gateshead council has approved plans for a £260m regeneration development which will create 2,000 jobs in the region.
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Online
URW shareholders reject proposed £3.13bn capital raise
Unibail-Rodamco-Westfield’s (URW) shareholders have rejected a €3.5bn (£3.13bn) rights issue.
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Online
Landlords criticise Clarks’ CVA
Landlords have criticised shoemaker Clarks over the alleged abuse of the company voluntary arrangement (CVA) process, according to The Sunday Times.
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Online
First images revealed of Capital & Centric’s Leonardo Hotel in Manchester
The first images have been revealed of Capital Centric’s £35m Leonardo Hotel in Manchester’s Piccadilly East.
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Markets
Adapting to survive and thrive
Retail is embracing change to get through the new national lockdown.
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Online
Real Estate Investors increases rent collection
Midlands-based commercial property group Real Estate Investors has seen an increase in rent collections as it provided an update to the stock exchange.
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Online
Mike Ashley ‘explodes in anger’ after being cut out of Debenhams auction
Mike Ashley has ‘exploded in anger’ after allegedly being cut out of the auction of Debenhams, according to The Sunday Times .
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News
Scottish government throws out Edinburgh luxury hotel plans
Scottish government ministers have thrown out an appeal for a 150-room luxury hotel in Edinburgh, claiming it would result in “considerable damage” to a location within the city’s UNESCO World Heritage Site.
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News
Wroxall Abbey Hotel & Estate secures new tenant
Savills has agreed a new 100-year lease at Wroxall Abbey Hotel Estate in Warwickshire on behalf of a private client to Trinity Hotel.
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News
Cambridge’s smallest pub gets a new landlord
Cheffins has recently let St Radegund pub to Coldchain Bars on behalf of Cambridge United Charities.
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Online
Mike Ashley looks at acquisition of Edinburgh Woollen Mill
Mike Ashley is mulling over the acquisition of Edinburgh Woollen Mill (EWM) Group, according to The Sunday Times.
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News
Homeware and fast food tops retail sales in Q3
Fast food, homeware and jewellery sales are up in the first three full months since the reopening of the retail sector, according to data from Savills.
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Online
Secure Income REIT sticks with Travelodge despite offers for hotel portfolio
Secure Income REIT (SIR) opted not to exercise its break options to terminate its leases with Travelodge, following the hotel group’s recent company voluntary arrangement (CVA).
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Online
Landsec signals non-core sell-off and office development in the regions
Landsec boss Mark Allan told investors he is positioning the property giant for growth today at a virtual capital markets day as he outlines his strategy for asset sales and a potential mixed-use expansion into regional cities.
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Online
Hammerson collects 38% of fourth quarter rent
Hammerson has collected 38% of UK rent for the fourth quarter, with the group collecting 41%, despite 94% of the firm’s flagship tenants permitted to trade by the relevant local government.
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News
LondonMetric sells four retail properties for £22.2m
LondonMetric has sold four retail properties from its long income portfolio for £22.2m.
