Public Houses
“
Though clouded by the general
economic malaise, 2011 has
given those of us involved in the
sector grounds for optimism.
The estate-rationalisation
strategies of some of our
major names, the return
of entrepreneurs and the
diversification plans of many,
make it an exciting time for the
sector and for those seeking to
invest in it. Whilst pubs continue
to be lost to the market, the
good news is that more sold
pubs are staying as pubs,
symptomatic of an increasing
appetite for the sector.”
-11.6
-0.9
8.5
6.5
5.2
-
-20.1
Public Houses
2005
2006 2007
2008 2009 2010
2011
1.1%
movement in
average prices
Neil Morgan
Director and Head of Public Houses
22
Business Outlook
2012
