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Editor: It is not unprecedented for planning reforms to be part of the government’s economic stimulus package, but these have tended to focus on housing. Meanwhile, logistics, which last year contributed £124bn (gross value added) to the economy, and directly supported almost one million jobs, often gets sidelined.
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Banks, local authorities and the government must do more to incentivise people over 65 to move into more suitable homes, according to retirement living operator Guild Living.
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Retailers are enjoying a second month of growing sales as customers slowly return to the high streets.
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The chancellor’s cut to stamp duty has prompted bidding wars and a major increase in first time buyers.
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Nearly 80% of apartment tenants in the US have made full or partial payments this month, but many are paying by credit card.
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China is set to pass legislation that will allow it to sweep away home owners to make way for new developments.
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The industrial sector has posted capital value growth after four months of decline but offices continue to stagnate, according to the latest CBRE monthly index.
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One in three UK companies is preparing to cut jobs by the end of September.
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Property trade bodies have rallied to urge the government to stump up £1.75bn to pay 50% of unpaid rents across the hardest hit sectors to avoid a “rent crisis”.
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The economy will officially enter recession this week.
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Office lettings in London dropped off 57% in the second quarter of this year compared to the previous quarter, according to research by DeVono Cresa.
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The construction industry has recorded its strongest monthly rise in activity in nearly five years.
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If the global outbreak of Covid-19 has taught us anything, it’s that people need communities.
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Industry experts have criticised a regulatory proposal that would require investors to give six months’ notice before withdrawing their investments from open-ended property funds.
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Investors are showing renewed appetite for UK residential REITs, according to new data from the European Public Real Estate Association (EPRA).
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Film and TV production studios are not usually viewed as a key focus for property investment, but the intensifying race for studio space after lockdown could signal their time to finally steal the spotlight.
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Just over a quarter of FTSE real estate companies have issued profit warnings during the first six months of the year, according to EY’s latest Profit Warnings Report.
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Deteriorating relations between China and the UK have stoked fears that Chinese investors will pull the plug on UK property investment and office deals.
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A new homes ombudsman with powers to fine or ban developers for substandard work is expected to come into force at the start of next year.
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The number of profit warnings issued by listed real estate companies rose fivefold in the first half of 2020 compared to last year, as Covid-19 forced investors and REITs to reassess their forecasts.
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