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COMMENT In history, 2020 will be remembered as the year that brought in a decade of transition in a matter of weeks. This year we’ve been questioning everything from the state of our health and our economies to our societies and social structures. The questions about proptech’s future were already trending in 2019 after WeWork’s dismal performance. Is proptech still a good investment?
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Footfall across the UK’s retail locations plunged by 81.6% in May owing to the Covid-19 lockdown – a shallower decline than the previous month.
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Office space requirements in the UK could drop by up to 50% post-lockdown as occupiers begin to ramp up their permanent flexible working offerings, a report by Instant Offices shows.
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London’s office market looks set to have had a dismal second quarter of take-up, but agents hope that a number of active big-ticket requirements will kick-start the market again heading into the second half and beyond.
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Britain’s biggest retirement living housebuilder McCarthy & Stone has had the unenviable task of trying to protect thousands of residents living in the company’s 441 retirement communities across the UK from Covid-19.
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Bank lending to small medium enterprises (SMEs) in construction dropped 26% year on year for the month of April, according to accountancy group UHY Hacker Youn
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A new bill set to pass through the House of Lords tomorrow will further weaken the position of commercial landlords during the coronavirus crisis, claims accountancy group Moore.
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Britain’s hotel owners have been among the worst-hit real estate victims in the Covid-19 crisis. Now, after more than two months of lockdown, many are planning their reopening strategies and hoping business will bounce back quickly
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Knight Frank’s usually-bustling Baker Street headquarters was eerily quiet at the end of March, as Britain entered lockdown and employees started to work from home. Just a handful of staff were still left in the building.
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Demand for industrial and logistics space continues to grow apace as occupiers line up to take large, long-term leases across the country despite, or sometimes because of, the coronavirus pandemic.
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The chief executive of one of the UK’s largest property companies has warned that demand for secondary office stock will plummet as a result of the Covid-19 pandemic.
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COMMENT The world we live in has changed. There are now more of us than ever before, with many having only known a digital age where 24/7 connectivity is a given. Technology permeates into every aspect of our lives.
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UK property fund returns hit their lowest level in 11 years during the quarter to the end of March, according to the MSCI/AREF UK Quarterly Property Fund Index.
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Asset managers raised more than €200bn (£175bn) in 2019 to invest in real estate – up 24% on the amount raised in 2018.
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Social distancing has thrown the whole concept of co-living into question.
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Real estate must prepare for its most painful recession yet, with the International Monetary Fund warning that the global economy is entering the worst downturn since the Great Depression.
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The UK hospitality sector could be facing a “bloodbath” unless urgent action is taken to support struggling businesses through the Covid-19 pandemic, advisers and operators have warned.
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Capital values fell by 3% across all UK commercial property in March, according to the latest CBRE Monthly Index.
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A survey of real estate lenders conducted at the end of January showed that very few foresaw the potential impact of the coronavirus outbreak.
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The full extent of the shortfall in rent received by landlords as a result of the Covid-19 pandemic became clear this week.
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