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Confidence in the UK’s office leasing market has wavered after signs of an uptick, according to Avison Young’s newly launched commercial real estate market activity index.
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A Hong Kong property tycoon wants to build a new city in Ireland to host 50,000 emigrants from the Chinese island.
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Retail sales have recovered at their highest rate in more than a year.
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Ministers are drawing up plans to extend the Help to Buy scheme beyond its December deadline.
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Britain’s hospitality sector has suffered a “catastrophic” collapse in sales of almost £30bn in Q2.
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The office market is going to become hospitality-focused in a post-pandemic world, chief executive and founder of Hubble Tushar Agarwal said at a panel event last week.
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Four out of five global investors are continuing to put money into or are planning new moves in London after the pandemic has subsided.
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A poll conducted by the City of London Corporation has revealed that 99% of global investors are still keen to invest in London, with 79% actively doing so.
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RICS has set up an independent evaluation service to help ease tensions between commercial landlords and tenants during Covid-19.
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COMMENT It’s not very often I say this, but the new permitted development rights for upwards extensions is a defining moment for the housebuilding industry. It is another step closer to making airspace development an asset class in its own right.
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High street casual dining chains have “no future” after coronavirus, according to former PizzaExpress boss Hugh Osmond.
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A cross-party group of MPs has called on the government to boost social rented housing by an extra 90,000 homes a year with a £10bn annual grant.
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An upcoming coronavirus-fuelled recession would wipe out £5.7bn from residential landlords’ rental earnings by 2024.
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Housing market transactions should be back to normal soon according to Knight Frank.
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As enquiries for satellite office locations make a comeback, could we all end up working in local offices?
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Do my eyes deceive me? Is that light I spy at the end of the tunnel? This week, there was cause for cautious optimism on several fronts.
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The pandemic has helped push a further 33,000 UK businesses into significant financial distress since the start of 2020, taking the total number of firms in financial trouble to a record 527,000.
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Green shoots are appearing in the purpose-built student accommodation (PBSA) lending sector after a near-shutdown in the real estate debt market at the start of the Covid-19 pandemic.
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Three months ago, 30 flexible workspace operators wrote to chancellor Rishi Sunak begging for business rates relief and warning that hundreds of businesses would go under as a result of Covid-19 without help.
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This week’s edition takes a look at protecting our greatest assets, our natural assets, the beautiful spaces that we have in the UK. As lockdown restrictions continue to ease, more and more of us are getting out to some of the country’s most beautiful outdoor places – with most of real estate, it seems, heading to Devon and Cornwall from the conversations I’ve been having this week.
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