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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Hongkongers unnerved by the new security law are looking to buy “cheap” UK properties.
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Cadogan and the Howard de Walden Estate have joined a growing list of major landlords to switch tenants to turnover-based rents in a bid to help them survive Covid-19.
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“How did you go bankrupt?” “Two ways. Gradually and then suddenly” is a quote from Ernest Hemingway’s The Sun Also Rises.
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Putting pound signs on the economic and social benefits that come from real estate is a tricky and delicate undertaking, but land management charity the Land Trust has not shied from giving it a shot.
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Hundreds of jobs at the top property agencies have been put at risk in recent weeks, with JLL and Knight Frank the latest to join a growing list of firms eyeing job cuts to reshape their post-coronavirus businesses.
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Shops should be allowed to shut and town centres should be turned into residential hubs, according to a new report.
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Total UK commercial property investment volume in Q2 2020 is likely to plummet by 72% compared with Q2 last year, making it the lowest quarter for investment on record.
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Property investors have suffered a £1.5bn shortfall in rental income due for the second quarter.
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The government has postponed the business rates revaluation for two years to gain a wider review of the firms affected by Covid-19.
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The economy has recovered half of the output lost during lockdown.
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In the third and final article in their lease series, Jennifer Ayris and Guy Whitehead look at how Covid-19 has affected the industrial sector.
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COMMENT The recent Stamp Duty Land Tax cut can support the sales market, but with 4.5m UK households currently in rented accommodation, and with demand for rental homes predicted to rise to 7.2m households by 2025, it’s imperative that the UK private rented sector is also supported.
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Comment: While most recent rent collection figures for many sectors have made for disappointing reading, at 63% for retail, 82% for logistics and 90% for offices, according to a Q2 2020 CBRE report, residential rental incomes have remained resilient, averaging 96%.
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