Housebuilder share prices soared by an average of 18% between April and June as the stock market showed renewed confidence in the sector as the lockdown lull ends.
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CBRE has started redundancies across its UK advisory business as part of a restructure of the business in the wake of the coronavirus pandemic.
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Covid-19 has delayed the recovery of the prime central London residential market to 2021, according to new research from Savills.
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Occupier take-up of grade A logistics floorspace in the first half of 2020 was in line with the same period last year, according to research from JLL.
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The number of homes for sale has stayed close to record lows despite a recovery in demand.
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Housing associations Notting Hill Genesis and A2Dominion have put three development blocks up for sale for more than £180m, as the shared ownership market flounders.
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Investment in the emerging build-to-rent sector in the second quarter of 2020 fell the lowest level on record, with just £83m committed in two deals.
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The chancellor’s stamp duty cuts are more likely to benefit buy-to-let landlords and second home hunters than first time buyers.
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Turnover-based rents in the retail and leisure sector are not new. But judging by media coverage in recent weeks, suddenly they seem to be everyone’s favourite route forward for the post-coronavirus world.
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The UK’s residential market is missing out on billions of pounds of potential investment because of a lack of suitable investable vehicles.
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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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