Allsopâs fifth online auction since the March lockdown resulted in the sale of 156 lots, raising £38m with a success rate of 73%.
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Real estate sees largest increase in distressed companies
by Lucy Alderson
02 / 11 / 2020
Real estate continues to be the sector hardest hit by the Covid-19 crisis, with 62,615 companies in financial distress, new research shows.
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Business rates appeals soar during pandemic
by Pui-Guan Man
29 / 10 / 2020
Companies have lodged 183,860 appeals to reduce their business rates bills in the past six months, as the pandemic continues to impact offices, shops and restaurants.
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Data centres to enjoy rental growth as prime offices fall, says RICS
by Pui-Guan Man
29 / 10 / 2020
Data centres rents are set to increase by 3% in the next 12 months, according to the latest RICS quarterly commercial property survey.
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Extend stamp duty holiday or risk cliff edge, chancellor urged
by Piers Wehner
28 / 10 / 2020
Estate agents are calling for an extension to the stamp duty holiday as thousands more queue to complete before the clock runs down.
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Retail recovery slows to a stop
by Piers Wehner
28 / 10 / 2020
The tentative recovery of UK retail has been all but reversed.
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House prices set to drop by end of 2021
by Riya Makwana
27 / 10 / 2020
House prices are set to drop by the end of 2021 before growing again the following year, according to JLLâs UK and London Residential Forecast.
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Worse to come for shopping centre landlords
by Piers Wehner
27 / 10 / 2020
Europeâs biggest shopping centre landlords face a gruelling 12 months, with crashing rents and values falling by 30%.
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House prices set to dip next year
by Emma Rosser
26 / 10 / 2020
JLL has revised its house price forecasts with a 1.5% decline anticipated in 2021, following the end of the stamp duty holiday, as unemployment and affordability pressures bite.
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Q3 commercial rent collections reach 77% on day 21, according to research
by Sally Hickey
26 / 10 / 2020
Q3 commercial rent collections have reached 77% at the 21-day point, according to research from Cushman & Wakefield.
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Homeware and fast food tops retail sales in Q3
by Anviksha Patel
23 / 10 / 2020
Fast food, homeware and jewellery sales are up in the first three full months since the reopening of the retail sector, according to data from Savills.
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Asset managers have $300bn for private lending deals
by Piers Wehner
22 / 10 / 2020
Asset managers are seeking to raise almost $300bn to plough into private lending deals with groups such as Goldman Sachs and Oaktree.
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Topping up towers could create 170,000 homes
by Piers Wehner
22 / 10 / 2020
New rules that allow developers and landlords to bypass planning permission could create more than 170,000 homes.
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New agency to chase bad bounceback debts
by Piers Wehner
21 / 10 / 2020
The banking industry is overseeing plans for an agency to collect overdue government-backed Covid-19 loans
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Stamp duty rush is causing buying bottlenecks
by Piers Wehner
21 / 10 / 2020
The rush to take advantage of the stamp duty holiday has led to conveyancers and lenders struggling to keep up.
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Over two thirds of pension funds plan to increase renewable investment
by Mitchell Labiak
20 / 10 / 2020
Some 68% of UK pension fund investors intend to ramp up investment in renewable energy infrastructure over the next five years, according to a survey from Alpha Real Capital.
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Quarterly BTR surges to highest level on record
by Emma Rosser
20 / 10 / 2020
Investment into build-to-rent has surged from the lowest quarterly volume on record to the highest, with £1.43bn transacted in Q3.
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Quarterly BTR surges to highest level on record
by Emma Rosser
20 / 10 / 2020
Investment into build-to-rent has surged from the lowest quarterly volume on record to the highest, with £1.43bn transacted in Q3.
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Reinventing City turns focus on smaller businesses
by Piers Wehner
20 / 10 / 2020
The City of London is attempting to reinvent itself as a start-up hub to encourage more small businesses to âre-enter the city centreâ.
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Cold storage accounts for 12% of warehouse space
by Mitchell Labiak
19 / 10 / 2020
Cold storage accounts for 12% of all warehouse space in the UK, a report from Savills and the Cold Chain Federation has revealed.
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