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All Retail, leisure & hotels articles – Page 5
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NewsRoom2 opens net zero carbon hotel
Room2, the hometel brand, will open a fully net zero carbon hotel in Chiswick, west London, this December.
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NewsCastleforge acquires Crowne Plaza Hotel in Edinburgh
London-based property firm Castleforge Partners has acquired Edinburgh hotel the Crowne Plaza Royal Terrace for an undisclosed sum.
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NewsKnight Frank hires former JLL hotels and leisure property valuer
Knight Frank has appointed former JLL hotels and leisure property valuer William Rankine.
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NewsEdyn secures £195m debt facility with Blackstone and KSL
Hospitality operator edyn has secured a £195m debt facility with Blackstone Real Estate Debt Strategies and KSL Capital to fund five projects across Europe, Property Week can reveal.
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InsightPredicting the legacy of Covid
We may not be entirely out of the Covid woods yet, but at least we can assume the worst is behind us.
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InsightHotels must evolve to survive
As consumer confidence starts to return, there are some reasons for optimism in the hotel industry. However, the scars of the pandemic will not heal overnight.
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OnlineCBRE sells Glasgow office building in off-market deal
CBRE has sold a Glasgow office building for Patrizia for more than £5.5m.
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OnlineLabTech reveals plans for new Camden landmark
London investor LabTech has unveiled plans to build a 32-metre observation wheel in Camden Market’s West Yard.
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NewsL&G gets green light for £50m redevelopment of Edinburgh Debenhams
Legal General Investment Management (L G) has received planning permission for its redevelopment of Edinburgh’s former Debenhams into a hospitality and hotel scheme.
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NewsOrchard Street brings Roxy Ball Room to Nottingham’s The Cornerhouse
Orchard Street Investment Management has signed leisure and entertainment specialist Roxy Ball Room at The Cornerhouse, Nottingham.
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NewsMarathon snaps up 17-hotel portfolio
MCAP Global Finance, an affiliate of New York-based investment manager Marathon Asset Management, has bought a large UK hotel portfolio from Cerberus Capital Management for an undisclosed sum.
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NewsLondon Square Works seals four lettings across Greater London
London Square Works, the commercial arm of developer London Square, has signed four lettings with The Co-op, The Gym Group and Instant Offices across its mixed-use sites in Greater London, Property Week can reveal.
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NewsQueensferry offloads Bruntsfield Hotel in Edinburgh
Queensferry Hotels has sold the Best Western Plus Bruntsfield Hotel in Edinburgh in an off-market transaction to Castleforge Partners.
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OnlineHigh street rent collections up by 21.8% on last quarter
Rents received by high street landlords have increased by 21.8% since Q4 2020, with 67.7% of rents being received by landlords and property managers.
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MarketsChecking back into UK hotels
Experts are optimistic that pent-up demand will drive sector recovery.
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NewsVonder launches new central London hotel line
Co-living brand Vonder is launching a new line of extended-stay hotels in central London this year.
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NewsDomestic tourism set to drive UK hotel market recovery by 2024
Domestic rather than overseas tourists are set to drive the recovery of the UK hotel market, but UK tourism demand is not expected to return to pre-pandemic levels until 2024, predicts CBRE in its latest Hotels Pan EMEA Market Update.
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NewsBad Axe Throwing to open second UK venue in Croydon’s Boxpark
Competitive socialising company Bad Axe Throwing is set to open a new venue at Boxpark Croydon in south London on 17 May.
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OnlineLiverpool ONE to double outdoor seating
Liverpool ONE is to increase its outdoor seating capacity by 100% as part of a plan to support operators.
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OnlineNext increases expected property losses by £100m
Next has increased its expected future property losses by £100m. The retailer said in a statement to the stock exchange this morning that it does not anticipate retail sales fully recovering to pre-Covid levels, and has increased its property provision as a result.
