Heineken Faces Challenges Of Leaseholder Pub Model After Adding 918 Pubs To Portfolio

Netherlands-based brewer Heineken has increased its exposure to the UK's beleagured pub sector by agreeing to purchase the Galaxy Pub Estate from the Royal Bank of Scotland (RBS). The network consists of 918 pubs and Heineken was already responsible for managing the network (under a deal set up by Scottish & Newcastle, which was acquired by Heineken in 2007). However, the firm has said that full ownership will give it 'security of tenure' and make it easier to justify investing in the

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