Hotel and Leisure Property News

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Azizi Developments Seeks to Expand Hotel Business from UAE to India

Recently in March Azizi Developments were confirmed to take on a grand project for Dubai Sports City which would cost over $200m around AED750million; this would build 431 apartments which are split into 238 studio flats, 140 one bed, 53 two-bedroom apartments. The project would be located on the well-known Sheikh Mohammed bin Zayed Road […]

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Axiom shopping centre development plan

Largest UK Shopping Centre in 20 years to be Built in Yorkshire

It has been announced the biggest out of town retail development in the last 20 years, named Axiom will be located near the town of Castleford, Yorkshire and is due to open in 2021. What is unique about the 106-acre development is that it will include a 10,000 seat stadium for the local rugby league […]

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a9 site being converted to hotel, food and retail outlet

Multi-million Pound Hotel, Food and Retail Village Under-Talks for A9 Site

Pioneering and aspiring propositions for a multi-million-pound hotel, food, and retail village have been disclosed on the A9. The Managing Director of Tomatin Trading Company, William Frame, capitulated a planning request to reinvigorate the recently ignored and abandoned site at the Tomatin junction that would be in easy access to both Aviemore and Iverness. The […]

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Boutique Hotel Chain Firmdale Financed Extra £120m by Hermes

Hermes Real Estate Strategy has financed its second hotel since they were established in February 2015, in this case it has provided a finance to Firmdale boutique owned by husband and wife who managed to secure a site in Soho just under 1 acre which was an abandoned piece of land for many years until […]

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Manchester Oxford Road

New Retail and Leisure Pop-up Space Due to Launch in Manchester City Centre

A new site that will consist of a number of pop-up bars and restaurants will launch in Manchester city centre at the end of 2017. The units will be located under the Mancunian Way next to Manchester Technology Centre on Oxford Road. The new development will be named Hatch and plans to offer a range […]

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South Africa hotel industry

Sub-Saharan Africa hotel market on the rise

Get ready for escalating investments in the sub-Saharan Africa hotel real estate market! Over the last six months, as capital markets are becoming more and more sophisticated, hotel owners in South Africa have started changing their ways by implementing increasingly dynamic investment strategies. By reviewing their real estate holding strategies, releasing the capital gains on […]

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Idyllic Restaurant Locations For Lease

Not every empty space is an ideal place for a restaurant, and there are a few things that you will need to consider. If you get the location wrong, you’re highly likely to end up losing customers rather than gaining them. Creating the right atmosphere and having the right geography for a potential restaurant location […]

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A cut in VAT could plough billions into hospitality sector

Up to £10.3b could be ploughed into the UK hospitality industry if a reduction in VAT is announced as part of the Autumn Statement next week. That is according to research from commercial insurer NFU Mutual, which found two thirds (67%) of consumers would increase some spending if VAT is reduced. Of those people who […]

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Birmingham commercial property sold for over £2mil

Colmore Row A Birmingham city centre office building, also housing Chung Ying Central restaurant, has been sold for over £2m. A private investor has acquired the 10,000 sq ft building on Colmore Row which is also housing to major stockbroker firms and chartered surveyors. The building consists of eight, self-contained office suites arranged across the […]

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Asian investment in London and the UK

Over the past few weeks, increasing numbers of Asian investors have been looking towards the UK to expand. Most recently, numerous Thai developers, have followed in the wake of the Brexit result. Hotel Acquisitions Singha Estate have been found to be showing interest towards hotels in Europe, particularly towards three UK properties valued up to […]

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