Premier Inn owner plans £60m in cuts as business rates reform hits hotels sector
Including the Budget changes, Whitbread said it expected gross cost inflation of between 7% and 8% on its £1.7bn cost base. The post Premier Inn owner plans £60m in cuts as business rates reform hits hotels sector appeared first on Property Week.
RICS pays tribute to former president Michael Clark
He was president from July 1987 to 1988 and held a number of other influential positions at RICS during his 42-year career. The post RICS pays tribute to former president Michael Clark appeared first on Property Week.
Tributes pour in for retail ‘visionary’ Justin Taylor
The co-founder of retail consultancy P-Three has passed away. The post Tributes pour in for retail ‘visionary’ Justin Taylor appeared first on Property Week.
Cleveland Group signs 10-year lease for ABP’s Newport depot
The depot will operate as a modular specialist refurbishment centre, housing a dedicated library of modular panels. The post Cleveland Group signs 10-year lease for ABP’s Newport depot appeared first on Property Week.
NewRiver’s half-year results show earnings boost after CapReg acquisition
The company said it would also benefit from lower business rates bills for the majority of its tenants next year following changes introduced in the Budget. The post NewRiver’s half-year results show earnings boost after CapReg acquisition appeared first on Property Week.
Savills rakes in highest takings so far this year at second November auction
The star lot was a five-bedroom family home at St John’s Wood, north-west London that fetched £1.72m, as high-valued lots helped raise a total of more than £79m. The post Savills rakes in highest takings so far this year at second November auction appeared first on Property Week.
Turnstone Estates boosts development team with Carter Jonas’s Clark
He joins from Carter Jonas, where he spent seven years in the Cambridge commercial agency team, working across a range of industrial and warehouse schemes. The post Turnstone Estates boosts development team with Carter Jonas’s Clark appeared first on Property Week.
Westley joins Vastint as UK portfolio head
The former commercial leasing director at Battersea Power Station will lead the company’s nationwide strategy across its 1.5m sq ft commercial portfolio. The post Westley joins Vastint as UK portfolio head appeared first on Property Week.
CBRE appointed leasing agent at Manchester City FC’s office development
The firm is sole agent for One Medlock Square, which will offer 30,000 sq ft of offices when it opens next year at The Etihad Campus. The post CBRE appointed leasing agent at Manchester City FC’s office development appeared first on Property Week.
Savills appoints Close as EMEA retail tenant representation director
He joins from CBRE and brings 20 years of experiencing advising international retail brands on their expansion in the region. The post Savills appoints Close as EMEA retail tenant representation director appeared first on Property Week.