Leisure
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Cola’s profits fizz to £3.4m
London hotel investor Bakir Cola’s company, which owns London’s Westbury, made a pretax profit of £3.4m this year – up on last year’s £1.47m.
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Rochdale hotel deal collapses
Wilson Bowden Developments has begun a search for a new hotel operator at its Kingsway business park in Rochdale, Greater Manchester, after year-long talks with Richard Balfour-Lynn’s Alternative Hotel Group…
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New future for Lawson’s quay
Developer Lancaster Property Network has submitted plans for the redevelopment of a derelict 1.5-acre site at the northern gateway to Lancaster city centre.
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Southwark council says yes to mixed-use scheme
Niche developer Q Developments has been given the go ahead for a mixed-use scheme in Southwark, SE1.
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Hotel sales down 76%, says JLL
Global hotel sales have tumbled 76% from the record levels seen in the first half of 2007, according to a report by Jones Lang LaSalle.
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Rokeby and Peveril get green light on Swadlincote scheme
Rokeby Developments and Peveril Securities have got the go ahead from South Derbyshire district council for a £20m mixed-use development in Swadlincote.
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Whitbread and M&B complete £78m property swap
Leisure giants Whitbread and Mitchells & Butlers have agreed a £78m property swap that will give Whitbread 21 Express by Holiday Inn hotels and M&B 44 pub restaurants.
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Kilmartin appointed for Southampton scheme
Scottish developer Kilmartin has been chosen to draw up plans for a £500m waterside scheme in Southampton.
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Weston-super-Mare Grand Pier on fire
The Grand Pier in the Somerset seaside resort of Weston-super-Mare has been engulfed by fire.
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Leisure agent Christies axes staff
Christie & Co has become one of the first leisure agencies to cut jobs across its UK business.
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Atlas Estates refinances Warsaw hotel loan
Central and Eastern Europe property investor and developer Atlas Estates says it has refinanced the loan secured against its Hilton Hotel asset in Warsaw.
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Miller sells out of Halifax deal
Miller Developments has sold its 50% stake in a £50m scheme in Halifax to partner Gregory Property Group.