Built Environment Networking Blog: Hospitality/Hotels News

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‘The time is right for something different’

UKREiiF Advisory Group chair Lord Kerslake has held a variety of roles within the built environment industry during the last two decades, including Chair of housing association Peabody and Be First (the growth and regeneration agency for Barking and Dagenham). Here he outlines why the time is right for UKREiiF I’ve been involved in development […]

Posted by: Mark Flanagan

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£7.5 million sale of hotel in Glasgow at 7.9% premium to book value

The Board of Directors of Alternative Income REIT PLC (ticker: AIRE), the owner of a diversified portfolio of UK commercial property assets predominantly let on long leases with inflation-linked reviews, is pleased to announce that it has completed the sale of the Mercure City Hotel, Ingram Street, Glasgow, for a total consideration of £7,500,000 to […]

Posted by: Mya Driver

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Admiral Taverns picks up NewRiver’s pubs in £222m deal

Retail and leisure property investor NewRiver is selling its Hawthorn Leisure community pub business to pub company Admiral Taverns for approximately £222.3m. Admiral boss Chris Jowsey said it was an “exciting” time for the pub brand, despite hospitality’s struggles during the Covid-19 pandemic. The portfolio comprises 674 leased, tenanted and operator-managed community pubs across England, […]

Posted by: Nathan Spencer

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Center Parcs announces plans for new £400m holiday village

Center Parcs has identified a site in Sussex to build a new £400 million holiday park, it has been announced. Approximately 1,500 permanent jobs could be created if the site for its sixth UK holiday village in Crawley goes ahead. The company has secured an option agreement to acquire privately owned woodland at Oldhouse Warren off […]

Posted by: Nathan Spencer

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Costello’s comes to Warrington’s Time Square

The partners behind Warrington’s Time Square, have exchanged a 3,562 sq ft deal with local, family-owned, award-winning bar, Costello’s, to become the latest occupier at the innovative mixed-use destination The £142m scheme in the heart of Warrington town centre has been delivered by Warrington & Co on behalf of Warrington Borough Council, with one of […]

Posted by: Nathan Spencer

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Embracing the best aspects of attending online and in-person

UKREiiF will embrace interactivity at its three-day networking, exhibition and conferencing event in Leeds next year (May 17-19). While the Coronavirus pandemic forced events online, a raft of innovations, to help negate its effects, have created a different but highly effective user experience and the best of these will be utilised by the organisers of […]

Posted by: Mark Flanagan

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Free opportunity to get the lowdown on UKREiiF

The first UKREiiF monthly webinar takes places on Wednesday morning (March 17th). An Introduction to The UK’s Real Estate Investment & Infrastructure Forum is a free 105-minute explanation of how UKREiiF hopes to facilitate economic growth within the industry and further details on its networking, exhibition and conference super event in Leeds next year. UKREiiF’s […]

Posted by: Mark Flanagan

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