Time Out has hailed a “turning point” in its fortunes as it recovers from the worldwide lockdowns.
The AIM-listed publisher and events organiser’s revenue increased by 62% to £72.9m in the year to 30 June, with gross profit up 48%, compared with the previous 18-month reporting period.
Net revenue at its hospitality division, which runs seven food markets in cities including Lisbon, New York, Miami and Montreal, rose from £12.2m to £28.9m as shoppers returned to town centres.
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Including:
Mitsubishi Estates and Co-Re appoint Savills to help lease the development’s office space
Decision deferred on former National Institute of Agricultural Botany revamp
Developer has taken 10 storeys off proposals since first filing
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
