Property

Malmaison owner to sell and leaseback four hotels

20-Jul-2011 By Emma Eversham

Malmaison owner MWB has exchanged contracts to sell and leaseback four of its hotels which it says will enable it to reduce its debt levels without affecting the future operations of the group.

Stonegate and Town & City pub companies merge

23-Jun-2011 By Emma Eversham

Pub companies Stonegate and Town & City have merged to create the largest privately held managed pub operator in the UK.

Amsterdam budget hotel group eyes UK for rapid expansion

31-May-2011 By Becky Paskin

Amsterdam-based hotel group Qbic Hotels, has revealed plans to open 10 hotels in the UK and is actively searching for properties in London, Bristol, Birmingham and Glasgow.

Wagamama plans “aggressive” expansion to 300 UK restaurants

24-May-2011 By Becky Paskin

Wagamama has announced plans to ramp up its expansion within the UK to 300 sites at a rate of 20 per year, focusing mainly on London and the South East.

Brittania Hotels acquires Pontin’s

28-Jan-2011 By Becky Paskin

The Brittania Hotel Group has successfully acquired leisure group Pontin's as a going concern, after the group fell into administration in December.

International buyers eye London’s Hoxton Hotel

02-Dec-2010 By Lorraine Heller

London’s Hoxton Hotel, which is exploring a potential sale, could attract interest from international investors keen to benefit from a week pound and strong tourism prospects, according to property agents Knight Frank.

Paramount sells 28 restaurants, raising over £7m

22-Nov-2010 By Becky Paskin

Paramount Restaurants, owner of the Chez Gerard and Il Bertorelli brands, has successfully sold 28 of its non-core properties, raising over £7m

Music venue on Charlotte Street up for sale

02-Nov-2010 By Lorraine Heller

The freehold of a music venue on London’s popular Charlotte Street is up for sale, with interest expected form both investors and operators

Prezzo to acquire 11 Paramount sites in £3m deal

26-Aug-2010 By Martyn Leek

Prezzo, the Italian restaurant chain, has agreed a £3.1m deal to acquire 11 sites from owners of the Chez Gerard brand, Paramount Restaurants, along with the rights to the Caffe Uno brand

Heritage acquires Park Central Hotel in Bournemouth for £4m

19-Feb-2010 By Becky Paskin

Heritage Properties & Hotels, operator of The Crab at Chieveley in Berkshire, has acquired the Park Central Hotel in Bournemouth for an undisclosed sum in the region of £4m

Cairn Hotels acquires former Swallow-branded Imperial Hotel

28-Oct-2009 By Becky Paskin

The Cairn Hotel Group has acquired the Imperial Hotel in Newcastle-Upon Tyne for an undisclosed sum; a year after former owner Swallow Hotels put the property on the market