All Retail, leisure & hotels articles – Page 6
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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.
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News
Queer Britain to open first national LGBTQ museum in King’s Cross
Charity Queer Britain has signed an initial two-year lease at 2 Granary Square in King’s Cross, central London, to open the UK’s first national LGBTQ+ museum.
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Online
Courie Investments secure loan on Glasgow scheme
Unbranded Finance completed a £2.5m bridging loan on behalf of Courie Investments, secured against a Glasgow City Centre office building with planning permission for a 113-room aparthotel.
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Online
London hotel market not expected to recover until 2024
The London hotel market could potentially have a slower recovery from the pandemic than the rest of the country, according to new research from Cushman & Wakefield.
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Online
easyHotel aims to triple in size after securing new funding
Budget hotel chain easyHotel has secured a €50m (£42.6m) commitment from current shareholders Ivanhoé Cambridge and ICAMAP to support its future growth strategy.
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Online
Shaftesbury produces improving figures despite Covid-hit year
Chinatown owner Shaftesbury has posted an increase in net asset value and narrowed losses despite the Covid-19 restrictions having a “material impact” on its full year figures.
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Online
Travelodge set to open four hotels before Christmas
Travelodge is set to open four new hotels in the lead-up to Christmas, two of which open in London today.
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Markets
The decline and fall of malls
Property Week looks at why values have plummeted and asks if they have further to fall.
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Online
Tristan Capital completes first deal in new €500m hotel strategy
Tristan Capital Partners’ EPISO 5 Fund has acquired the first property of its new hotel investment strategy.
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News
Room2 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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News
Castleforge 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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News
Knight 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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News
Edyn 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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Insight
Predicting 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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Insight
Hotels 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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Online
CBRE 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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Online
LabTech 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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News
L&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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News
Orchard 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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News
Marathon 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.