A merger between two of the most powerful landlords in Soho and the West End will define the futures of countless restaurants
. This isn’t really about whether these restaurants, old or new, are worse or better; it’s about the extent to which landlords get to define who has a hope of opening, thriving, and surviving.
Shaftesbury and Capco, soon to be Shaftesbury Capital, say that “by combining both companies’ strengths, cultures and values as well as their proven operating and investment models, the combined group’s management team will take a ‘best of both’ approach to operations with the aim of delivering long-term economic and social value for all stakeholders.”
There is no doubt that cold, hard cash will be made. But the impact on central London restaurant culture will be slower and less tangible, revealed in restaurants that go unrealised as much as those that move in to vacant units. Central London’s restaurant culture now has a price. What the cost will be remains unknown.Check your inbox for a welcome email.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
West End top theatre ticket prices up 21% since pandemic, study saysThe most expensive seats for the musical Cabaret will set you back more than £300.
Weiterlesen »
'I like everything about him' - Jose Fonte enthuses over West Ham signing Nayef AguerdFormer West Ham defender Jose Fonte has offered an exciting insight into their latest signing Nayef Aguerd, saying he ‘likes everything about him’. The Moroccon centre back has arrived from Rennes …
Weiterlesen »
Opening Restaurants in a Glitzy Wild WestCOVID-19 lockdowns hit hospitality hard but Tony Habre and Dubai's nightlife have bounced back.
Weiterlesen »
West Yorkshire: Neo-Nazi couple jailed after trying to make handgun with a 3D printer in their family homeHall and Wright were found guilty of manufacturing the handgun and Wright was found guilty of possessing the firearm for terrorism after he boasted about it online to an undercover police officer.
Weiterlesen »
16 cool events, exhibitions and restaurants to check out in London this monthFrom an immersive installation at the NOWGallery to a Prosecco Festival at eataly_london, these are the 16 cool things do to and see in London
Weiterlesen »
Adani, Richest Asian, Pledges $7.7 Billion for Social CausesGautam Adani and his family have pledged to donate 600 billion rupees ($7.7 billion) to a slew of social causes to mark his 60th birthday.
Weiterlesen »