Property readies bids for £500m Crown Commercial Service mandate
by Pui-Guan Man
08 / 12 / 2020
The Cabinet Office is issuing a call for tenders on providing real estate services for its £500m Crown Commercial Service framework, used by central government and all UK public sector bodies.
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UK helps to drive increase in logistics take-up
by Tim Burke
08 / 12 / 2020
A record year for logistics space take-up in the UK has helped to drive a notable lift in the European market, according to research from Savills.
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Construction sees biggest rise in six years
by Piers Wehner
07 / 12 / 2020
The construction sector defied the lockdown to record its biggest rise in new orders in six years.
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London is Europeâs second best city for property
by Piers Wehner
05 / 11 / 2020
London has risen to become the second most attractive European city for property investment and development.
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Footfall improving on eve of lockdown
by Leonore Schick
04 / 11 / 2020
Footfall figures show that shopper numbers continued to improve for the fifth successive month in October, according to Ipsos Retail Performance which collects data from over 600 towns and cities across the UK.
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Real Estate Investors highlights scope for rental growth in out-of-town offices
by Pui-Guan Man
04 / 11 / 2020
Midlands-focused Real Estate Investors has offered an upbeat outlook on out-of-town offices, predicting stronger occupier demand as the second lockdown looms.
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Stamp duty holiday keeps resi investors hungry
by Samantha McClary
03 / 11 / 2020
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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