All Retail, leisure & hotels articles
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OnlineSupermarket Income REIT plans £150m share placing and 3.8% dividend increase
Supermarket Income REIT is planning to raise £150m in a share placing to fund the acquisition of a pipeline of opportunities across the market.
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News
Radisson Blu Hotel Belfast and Lighthouse offices hit the market
The CBRE hotels division is looking for offers in excess of £16m for its 120-room Radisson Blu Hotel Belfast and a 60,000 sq ft Lighthouse office building adjoining the hotel.
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Online
Secure Income REIT reports 10% drop in net tangible assets
Secure Income REIT has announced its interim results, calling the last six months an “extraordinary period” for the company.
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Online
Boxpark appoints Fuller’s operations head as COO
Boxpark has appointed the former operations director of Fuller’s as its chief operations officer.
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Online
Capital & Regional posts £115.5m loss
Capital Regional has posted a £115.5m loss for the six months to 30 June, driven primarily by a 16% fall in property valuations.
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Online
Belfast City Council approves £12m aquarium in Titanic Quarter
Belfast City Council has approved plans to develop a £12m aquarium in Titanic Quarter, Belfast.
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Online
Travelodge competitor AGO Hotels officially launches
A competitor to Travelodge set up by the head of the landlords’ action group has officially launched.
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Online
Intu SGS confirms agreement of range of financial measures to protect it from default
Intu SGS, the holding company which owns intu Watford, intu Lakeside, intu Victoria Centre and intu Braehead, has secured a range of financial measures to provide stability as the sector recovers from the impact of lockdown.
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Online
BPF and New Look butt heads over CVA
The British Property Federation (BPF) has called out New Look for inaccuracies in its CVA proposal.
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Online
New Look in discussions with lenders over CVA
New Look is in discussions with lenders over a company voluntary arrangement (CVA) proposal.
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Online
RJR Securities and Central and Urban host digital public consultation for Chapel Street scheme
RJR Securities and Central and Urban will host a digital public consultation ahead of submitting plans for its Chapel Street scheme.
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Online
Knight Frank inviting offers above £122.2m for Fetter Yard
Knight Frank is selling Fetter Yard following a £15m refurbishment.
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Online
Travelodge tries to persuade landlords to stay
Travelodge has put forward a case for landlords to stick with its brand in a presentation seen by Property Week .
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Online
Apple asks for 50% rent reductions
Apple has asked for 50% rent reductions across some of its UK stores, according to The Sunday Times.
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Online
Hammerson plans £500-600m rights issue
Hammerson is planning to tap investors for £500-600m in a rights issue.
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Markets
Covid-19 storm shakes Channel Islands
Recovery depends on ability of tourism and leisure sectors to bounce back, writes Helen Crane
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Online
Hammerson draws £75m from government’s Covid support scheme
Hammerson has drawn down £75m through the government’s covid support scheme after collecting just 16% of rent due in June.
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Online
Arcadia submits cost-cutting plan to pensions regulator
Arcadia Group has submitted a cost-cutting plan to The Pensions Regulator that includes the closure of more than 100 shops.
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Online
City Pub Group reports 37% drop in like-for-like sales
The City Pub Group has reported a 37% drop in like-for-like sales for the three weeks to 25 July.
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News
Travelodge landlords have been offered the chance to switch to ibis brand
A new ‘landlord-friendly’ platform ‘AGO Hotels’ will also offer landlords a new leasing model with a share of the income.
