TPG Capital-owned Prezzo is preparing a CVA and has already decided to close all of its Chimichanga restaurants.
It is expected that it will close around one-third of its 300 outlets including the 33 Chimichangas.
The move is understood to be “pre-emptive” rather than the business being on the brink of collapse.
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Including:
A local private investor has snapped up the multi-let office for £6.1m
Agency sees group-wide rises for leasing and capital markets revenue
The refurb is set to deliver 250,000 sq ft of office space at 125 Shaftesbury Avenue
Fund house picks up city site from Nuveen
