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Capital values across the UK’s commercial property sectors weakened by 3.8% during the second quarter, after dipping by 0.7% in June.
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Take-up has hit a record level for industrial and logistics spaces measuring more than 100,000 sq ft during H1 this year, according to new research from Savills.
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Lockdown has seen plans for data centres explode, with the number of applications for new data centres during this period surpassing 2019 figures.
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COMMENT Less than a month ago, I had the pleasure of being on the panel of a webinar organised by Knight Frank and IPSX which debated the question: “Is now the right time to re-enter the real estate investment market?”
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Spending has increased threefold with the reopening of pubs and restaurants, but is still half of last year’s “normal” levels.
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Accountancy’s Big Four have been given just four years to seal off their audit practices.
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The construction sector rebounded in June on the back of renewed housebuilding.
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Savills’ latest research report has ranked London as the most resilient investment market during Covid-19.
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Hammerson and Shaftesbury were among the biggest REIT fallers on the FTSE 250 today, as the stock exchange’s resurgence this week showed signs of easing.
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The National Trust is calling for 600 new “street parks”, filled with fruit trees, to be created in the “grey deserts” of Britain’s cities.
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The chancellor has drawn up plans to exempt most homebuyers from paying any stamp duty to help kick-start the Covid ravaged economy.
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Retailers will surely have been relieved to see shoppers return after lockdown restrictions were eased. It’s still too early to fully understand what damage three months of trading exclusively online (if at all) has caused — and, despite the crowds, many are fearful about how the rest of the year will shape up.
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Britain’s economy is regaining momentum as the lockdown is lifted, according to real-time data.
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House prices suffered their first annual fall in eight years as the lockdown brought activity to a standstill.
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Commercial occupiers in the UK have now paid 46% of June quarterly rents owed, up from 18.2% a week ago.
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Leading retail landlords have to date collected less rent following the June quarter day than they did at the March quarter day, with experts warning that negotiations between property owners and tenants are vital to prevent a similar situation in September.
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I want to go against the current – and surprising – trend among some property industry experts for extolling the virtues of working from home and sounding the death knell of the office.
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Hammerson and Capital & Regional were two of the biggest fallers among the listed REITs today, as shopping centre landlord intu’s collapse continues to reverberate throughout the retail sector.
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The yield gap between prime industrial and shopping centre yields in mainland Europe has closed for the first time, according to new data from Savills.
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Over the past few months, Covid-19 has taken the world by storm with one of the sharpest supply-side economic shocks ever witnessed in modern times.
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