Globe Pub Company

Flurry of interest in ex-Globe pubs

16-Apr-2010

The agent responsible for selling 43 former Globe Pub Company sites says it has seen a "fantastic response" from buyers, with around a quarter under...

Heineken buys remaining Globe debt

24-Dec-2009 By M&C Report

Heineken, the world's third largest brewer, has acquired all the remaining debt of the Globe Pub Company and in the process made a £193m accounting...

'Heineken buys Tchenguiz's pub chain from receivers'

30-Oct-2009 By Matt Eley Matt

Heineken has arranged to buy the assets of Globe Pub Company, owned by property entrepreneur Robert Tchenguiz, from receivers for £180m. The money...

Globe Pub Company finding it tough to re-open shuttered pubs

29-Sep-2009 By Hamish Champ

Globe Pub Company (GPC), the Robert Tchenguiz-owned pub operator, said the inability to access funding to spend on its pubs meant re-opening closed...

Globe pub estate sees £200m writedown

28-Sep-2009 By The PMA Team

Globe Pub Company saw an impairment charge of £199.1m in the value of its pubs in the year to 31 May 2008.

Globe defaults on covenants for second quarter

18-Jun-2009 By The PMA Team

Globe Pub Company bond holders have been told that the company has had to grant rent concessions to another 11 hosts as it stays in default on key...

Heineken takes on Globe Pub Co debt

29-May-2009 By Hamish Champ

Heineken has announced it has bought bonds and bank debt held by the Robert Tchenguiz-owned Globe Pub Company (GPC) worth a face value of nearly...

Heineken buys more Globe debt

28-May-2009 By The PMA Team

Heineken, the owner of Scottish & Newcastle, has bought more Globe Pub Company debt at a discount, reducing its own net debt and realising a net...

Heineken buys Globe Pub Co debt

20-Apr-2009 By Hamish Champ

Heineken's purchase of £60m-worth of bonds held by troubled Globe Pub Company (GPC) - around 30 per cent of its debt - was not part of a takeover...

Heineken acquires 30% stake in Tchenguiz's Globe

20-Apr-2009 By Ewan Turney

Heineken has acquired 30% of the debt of Globe Pub Company, the tenanted operator of 429 pubs owned by Robert Tchenguiz.

Globe Pub Co sees rise in number of keys being returned

30-Mar-2009 By Hamish Champ

Globe Pub Company has admitted seeing a rise in the number of its operators handing back the keys to their pubs.In a trading update published today...

Globe reports sharp rise in closed pubs

30-Mar-2009 By The PMA Team

Globe Pub Company, the tenanted operator of 429 pubs owned by Robert Tchenguiz, has reported a sharp rise in closed pubs as a result of the "tough...

Globe risks covenant breach

02-Jan-2009 By The PMA Team

Robert Tchenguiz's tenanted pubco risks breaching its securitisation covenants, as sales fall 10.8% in the three months to 29 November.

Tchenguiz to hire consultants for Globe Pub Co

29-Dec-2008 By Hamish Champ

Property tycoon Robert Tchenguiz's Globe Pub Company (GPC) is to appoint a team of independent consultants to look at what it calls "operational...

Globe pubs "not struggling", says S&NPE

23-Dec-2008 By Hamish Champ

Sources close to Scottish & Newcastle Pub Enterprises (S&NPE) have denied reports that a large number of pubs within the Globe Pub Company...

'Tchenguiz heading for crunch talks with banks over Globe Pub Co'

21-Dec-2008

"The joint owners of Globe Pub Company, property investor Robert Tchenguiz and brewer Scottish & Newcastle, are preparing for crunch negotiations...

Globe: rent concessions up, drinks down

29-Sep-2008 By The PMA Team

The number of tenanted pubs within the 425-strong securitised Globe Pub Company receiving rent concessions has more than doubled to 30.

Drink sales down 6.5 per cent at Globe Pub Co

29-Sep-2008

The Robert Tchenguiz-owned Globe Pub Company said year-on-year drinks sales for the three months to August 2008 fell more than six per cent compared...

Beer sales fall 12% at Globe

03-Jul-2008 By The PMA Team

Tenancy changes mean drop in rent roll Globe Pub Company, the tenanted company owned by Robert Tchenguiz, has seen a 12% fall in beer sales in its...

Globe beer volumes drop 12%

30-Jun-2008 By The PMA Team

Robert Tchenguiz's pubco also had 69 tenancy changes in quarter

8 Robert Tchenguiz

29-May-2008

owner R20 (7)

Globe Pub Co says beer sales down 14 per cent

05-Oct-2007 By Hamish Champ

Globe Pub Company, the pub group owned by property tycoon Robert Tchenguiz, has reported year-on-year beer volumes down 14 per cent in the three...