[ccpw id="5"]

Home.forex news reportStonegate’s Pub Partners confirms £30m pipeline after £12m Q1 investment

Stonegate’s Pub Partners confirms £30m pipeline after £12m Q1 investment

-


UK company Stonegate Group’s leased and tenanted arm, Pub Partners, has invested £12m in the first quarter (Q1) of its financial year.

For the rest of the year, Pub Partners has indicated a further development pipeline of more than £30m in planned works and developments.

The investment will enable the introduction of a co-investment scheme in early 2026, aimed at funding changes such as internal refurbishments and improvements to outside areas to preparation for large trading periods such as the FIFA World Cup 2026.

The Q1 spend sits within a broader effort to adjust how Pub Partners supports its publicans.

In addition to property-related work, the business is continuing work on operational tools and systems used by publicans, including the Trade on Tap online ordering platform, updates to central operations and communications, and ongoing changes to Pub Hub and My Pub.

These platforms are intended to provide access to performance information, business data and tools to support day-to-day management.

Stonegate Pub Partners managing director Dan Castle said: “We have a brilliantly diverse estate of businesses, each at the heart of their communities and run by some exceptional entrepreneurial partners.

“Alongside property investment, we are continuing to innovate and improve the systems and support our publicans need to succeed. I am proud of the progress we have made and excited about what is to come as we continue to invest, improve and innovate.”

In November last year, Stonegate Group unveiled plans to offload more than 1,000 pubs in a deal that could raise £1bn to reduce its multibillion-dollar debt burden. However, no decision has been made.

“Stonegate’s Pub Partners confirms £30m pipeline after £12m Q1 investment” was originally created and published by Verdict Food Service, a GlobalData owned brand.

 


The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Amazon Breaks Through $240: What New Traders Need to Know

Amazon stock broke above $240 this week as AWS accelerates, Alexa+ launches on the web, and advertising booms. But tariff risks loom large heading...

Meritz Securities Selects WNSTN as Strategic AI Partner for Next-Gen Investing Platform

WNSTN, a global provider of AI powered financial intelligence, today announced a strategic partnership with Meritz Securities, one of South Korea’s leading retail trading...

Analyst Report: L'Oreal S.A.

Analyst Report: L'Oreal S.A. Source link

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img