News: May 2017

Navigating loan negotiations: tips for hoteliers

31 May 2017

For those setting up a hotel business an inevitable part is negotiating financing arrangements. Hotel lenders will want as high a level of control as possible over any new hotel business due to the higher risk profile.  However, hoteliers need to be aware that giving up too much control can stifle their ability to be […]

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Olympia London sold for £296m

24 May 2017

Capco has sold Venues, its exhibition business, comprising Olympia London and related property assets, for £296m to a consortium of German institutional investors advised by investment firm Deutsche Finance International and Yoo Capital, as UK co-investor and asset manager. Fladgate LLP advised Yoo Capital on its investment partnership and asset management arrangements. The consortium includes […]

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Gareth Bale’s new sports bar

17 May 2017

Continuing its association with footballer Gareth Bale, the Fladgate Sports Business Group has advised the Welsh international and Real Madrid player on his joint venture with Welsh brewery Brains to open a new premium sports bar and restaurant in the heart of Cardiff City Centre. ‘Elevens Bar & Grill’ is scheduled to open later in […]

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Key trends in the cinema market

10 May 2017

Mark Saunders, Stephen Lewis and Darran Smith from Fladgate attended the recent Leisure Property Forum discussion on key trends in the cinema market. The talk was led and hosted by Toby Hall from CBRE at their offices in Henrietta Place with representatives of the some of the main competitors giving an update on how they […]

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Sale of Holiday Inn Kenilworth

3 May 2017

Fladgate’s hotels and leisure team has acted for Khanna Enterprises (Holdings) Limited on the sale of Khanna Enterprises (Kenilworth) Limited, the company owning the 115 bedroom Holiday Inn Kenilworth, Warwick to BGAM Hotels for £10.4 million.  Situated in Kenilworth town centre, the hotel benefits from a Marco’s New York Italian and an onsite Starbucks café. […]

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