I have listened to the Henry Stewart lunchtime Webinars and have found them very informative: in fact there was so much information, I have had to revisit to comprehend it all! A great way to increase your CPD over a lunch break.
Pubs as an Asset Class – Where the Market is Heading and What’s the Investor Appetite
- Pub market overview:
- Managed
- Tenanted - State of the market:
- From a consumer’s standpoint
- From an operator’s standpoint
- From an Investor’s standpoint
- From a lender’s standpoint
- Who’s expanding and who has failed
- Key transactions
- Rise of the leasehold market - Maximising the value of the asset:
- Outdoor Trading
- Hotel Rooms
- Experimental Leisure
- Pop Up Kitchens
- Type of investment and who’s acquiring
- Traditional Lease
- Sale and Leasebacks
- Ground Rents/Income Strips - What investors are looking for:
- Lease terms
- Covenant - Locational trends/regional differences in rent and yield