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Intu has threatened to serve ’statutory demands’ to some tenants that have refused to pay their quarterly rent.
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Jefferies analyst Mike Prew has upgraded a raft of real estate stocks to ‘buy’ and predicted a wave of M&A activity in the listed property sector.
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Retirement living operators are calling on the government to classify any move into retirement housing as a ‘critical home move’ as sales and lettings in the sector dwindle to nothing following the government’s advice last week to put all but critical moves on hold.
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SoftBank has walked away from buying $3bn (£2.4bn) of WeWork stock.
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The heads of more than 30 flexible workspace businesses have written to chancellor Rishi Sunak warning “hundreds” of operators could go under because of declining membership in light of the Covid-19 outbreak.
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The Covid-19 outbreak will drive over 5m sq ft of industrial and logistics requirements, according to Lambert Smith Hampton’s (LSH’s) latest industrial and logistics report.
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Cognitive buildings are increasingly commonplace thanks to the development of technologies that are delivering greater levels of operational control.
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Two property funds have become the first to “gate” as a result of the wild market swings caused by the coronavirus epidemic.
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When the West Midlands town of Bromsgrove was ranked the 7th best place to start a company in the UK in 2019, eyebrows were raised. Ranking above major cities including Edinburgh, experts quickly warned that “zombie companies” could have artificially inflated the results of Companies House data compiled by The Centre for Entrepreneurs research. But the horse had well and truly bolted. Headlines such as ‘welcome to Bromsgrove, the start-up hub’ were already out there and so a movement began. A movement that sparked a fresh focus on the UK’s most techy towns. Here are five of Britain’s most unexpected tech hubs that prove you don’t need to live and work in a major city to be part of the digital revolution.
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Coronavirus could end up having a much bigger impact on the property industry than just the postponement of Mipim.
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Noteholders in a CMBS dating back to before the financial crisis have cut their losses and agreed to a £120m sale of the underlying properties.
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Knight Frank, Grosvenor and Landsec are among the major firms pulling out of this year’s MIPIM conference, in response to the growing number of global coronavirus cases.
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The UK is leading proptech investment into Europe and has attracted five times more investment than Germany, according to a new report by the University of Oxford.
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The value of prime central London residential development land fell by 2% last year.
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House prices have risen across the board as every region sees growth.
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Investment in the UK’s build-to-rent sector fell to €5.9bn (£4.95bn) in 2019, down by 14% on the previous year, as investors held off amid political uncertainty.
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The number of short-term residential lettings in London has surged fourfold to 80,770 homes, up from 18,440 in April 2015.
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The number of private landlords has hit a seven-year low with 222,570 leaving the sector as the government cuts tax reliefs and increases the regulatory burden.
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If your only experience of hostels is creaking beds, grubby bathrooms, ramshackle common spaces and hungover reception staff, then you are seriously behind the times.
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“We’re now going to sealed bids on houses that we couldn’t get a single viewing for a few months ago.” This view from a south London estate agent is no flash in the pan. After many months in the deep freeze, the capital’s housing market seems to have thawed.
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