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Pizza Express to close 73 restaurants (GB)
Pizza Express to close 73 restaurants (GB)

Pizza Express has launched a proposal to reduce its UK restaurant estate and rental cost base via a company voluntary arrangement (CVA). The CVA is intended to improve the operational ...

Fashion sees the most insolvency activity in 2020
Fashion sees the most insolvency activity in 2020

This year has seen levels of insolvency activity similar to that of 2019 however, with Q4 still remaining, we are likely to see an increase in the prevalence of operators facing financial difficulty ...

Frenchgate expands its F&B offer (GB)
Frenchgate expands its F&B offer (GB)

The Frenchgate Partnership, owners of the Frenchgate Shopping Centre in Doncaster, has signed two Irish F&B brands for their debut sites in the UK.  WOWBURGER and Elephant & Castle are ...

FIM Group acquires German retail portfolio for €86.4m
FIM Group acquires German retail portfolio for €86.4m

M7 Real Estate, acting on behalf of M7 ISLAY, of a portfolio of 27 retail properties in Germany, to the FIM Unternehmensgruppe for €86.4m. The portfolio, which includes a mix of high ...

Haidilao chooses Bullring for first restaurant outside London (GB)
Haidilao chooses Bullring for first restaurant outside London (GB)

Hammerson has announced that Haidilao, China’s largest hot pot restaurant chain, has selected Bullring for its first site in the UK outside of London. The 8,073ft² restaurant will ...

Supermarket Income REIT acquires Morrisons store in Telford for €16m (GB)
Supermarket Income REIT acquires Morrisons store in Telford for €16m (GB)

Supermarket Income REIT has acquired a Morrisons supermarket in Telford, Shropshire for c.€16m (£14.3m), reflecting a net initial yield of 5%. The deal represents a ...

BNP Paribas REIM acquires Primark property in Kiel (DE)
BNP Paribas REIM acquires Primark property in Kiel (DE)

BNP Paribas Real Estate Investment Management (REIM) acquired a retail property in Kiel for French real estate mutual fund BNP Paribas Diversipierre. The asset was sold by Art Invest Real Estate, ...

Dixons Carphone to cut 800 jobs (GB)
Dixons Carphone to cut 800 jobs (GB)

As part of Dixons Carphone’s strategy to become one joined-up business and a clearer, simpler and faster place to work, the company has announced proposed changes to the management structure of ...

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