All Retail, leisure & hotels articles
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NewsFormer Butlin’s owner buys back parks chain
Vendor Blackstone will reinvest £300m sale price in other Bourne Leisure brands
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News
Dublin’s Buswells Hotel up for sale for €22m
The Buswells Hotel in Dublin has been placed on the market with a guide price of €22m (£19m).
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News
Butlin’s sites bought for £300m
Private pension fund provider Universities Superannuation Scheme (USS) has purchased Butlin’s holiday resort sites for £300m.
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Insight
British seaside now a Premier location
Boosted by the staycation trend, Whitbread is targeting coastal and leisure locations to expand its Premier Inn chain. Acquisitions manager Louise Woodruff reveals to Andy Hillier what kind of sites it is seeking.
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News
Dominvs secures approval for 837-room two-hotel scheme in Nine Elms
Wandsworth Council’s planning committee has approved developer and investor Dominvs Group’s plans for a two-hotel scheme in Nine Elms.
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News
East London’s 3 Mills studios set for £6m modernisation
The London Legacy Development Corporation (LLDC) is to invest £6m in renovating and modernising several historic buildings at its 3 Mills film studio in east London.
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News
Birmingham City Council acquires five-acre retail park
Birmingham City Council has purchased a five-acre retail park in Sutton Coldfield in a £15.6m off-market deal.
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News
Hotel investment scheme directors disqualified for total 25 years
The directors behind an £8.9m hotel room investment scheme have been disqualified from running companies for a total of 25 years, according to the Insolvency Service.
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News
Helmsley Group’s York net zero hotel plan approved
City of York Council has approved plans for an 82-bedroom, city-centre hotel that developer and investor Hemsley Group said would be one of the first in the UK to generate net-zero greenhouse gas emissions.
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News
Pret A Manger secures 4,109 sq ft at The Avenue in the West End
AshbyCapital, the property investment advisory company, has let 4,109 sq ft of space at The Avenue development in London’s West End to Pret A Manger.
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News
Abrdn markets County Mall for the third time
Crawley shopping centre offered at further discount after failing to sell twice.
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News
Newbury hotel and golf club put up for sale
Donnington Grove Hotel & Golf Club in Newbury has been put up for sale for £10m by Sandtrend, its owner for the past 17 years.
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News
UKCM buys Leeds site for £62m hotel development
UK Commercial Property REIT (UKCM) has acquired a hotel development opportunity in Leeds from Marrico (Sovereign Square), a joint venture between Marrico and Helios.
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News
Has retail turned the corner?
Property Week asks what the post-Covid future of this continuously evolving market holds.
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News
LaSalle funds £50m Hammersmith Premier Inn development
LaSalle Investment Management has provided funding for the £50m development of a 189-bedroom Premier Inn hotel in Hammersmith, west London.
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News
Westbury Mayfair Hotel signs £90m redevelopment agreement with Marriott
Westbury Mayfair Hotel’s owner Cola Holdings has signed a management agreement with Marriott International, which will see the building undergo a £90m redevelopment.
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Online
Immersive experiences will drive resurgence in luxury hotels, say design experts
Changing consumer demands and a renewed focus on sustainable tourism has forced designers and developers to adapt their approach, according to global design experts from Perkins&Will and Accor.
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Markets
Hotel sector looks set to bounce back
UK market shows signs of recovery due to rise of staycations and aparthotels.
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News
Camden ‘lifestyle’ hotel awarded planning permission
Pan-European investor and developer RE Capital has obtained planning consent from Camden Council for its new lifestyle hotel in Camden, London.
