Liverpool office take-up plummets as Covid-19 bites
by Lucy Alderson
30 / 07 / 2020
Total city centre office take-up in Liverpool fell by 61% to 20,000 sq ft in Q2 as coronavirus slammed the breaks on transactions.
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Rents set to slide as tenant demand dries up, RICS survey finds
by Sebastian McCarthy
30 / 07 / 2020
Rents are set to plunge across the office and retail sectors in the short-term, according to a closely-followed survey released today by the Royal Institution of Chartered Surveyors (RICS).
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Sentiment survey paints uneven picture for UK office leasing
by Pui-Guan Man
30 / 07 / 2020
Confidence in the UKâs office leasing market has wavered after signs of an uptick, according to Avison Youngâs newly launched commercial real estate market activity index.
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Hong Kong tycoon plans âNextopolisâ in Ireland
by Piers Wehner
29 / 07 / 2020
A Hong Kong property tycoon wants to build a new city in Ireland to host 50,000 emigrants from the Chinese island.
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Retail sales bouncing back, says CBI
by Piers Wehner
29 / 07 / 2020
Retail sales have recovered at their highest rate in more than a year.
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Help to Buy to be extended beyond December
by Piers Wehner
28 / 07 / 2020
Ministers are drawing up plans to extend the Help to Buy scheme beyond its December deadline.
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Hospitality sector sales at 15% of last year
by Piers Wehner
28 / 07 / 2020
Britainâs hospitality sector has suffered a âcatastrophicâ collapse in sales of almost £30bn in Q2.
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Hubble chief executive: Weâre heading towards the âhotel-ficationâ of the office market
by Anviksha Patel
28 / 07 / 2020
The office market is going to become hospitality-focused in a post-pandemic world, chief executive and founder of Hubble Tushar Agarwal said at a panel event last week.
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London retains allure for global investors
by Piers Wehner
28 / 07 / 2020
Four out of five global investors are continuing to put money into or are planning new moves in London after the pandemic has subsided.
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London to remain top investment location post pandemic
by Riya Makwana
28 / 07 / 2020
A poll conducted by the City of London Corporation has revealed that 99% of global investors are still keen to invest in London, with 79% actively doing so.
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RICS launches rental evaluation service for landlords and tenants
by Pui-Guan Man
28 / 07 / 2020
RICS has set up an independent evaluation service to help ease tensions between commercial landlords and tenants during Covid-19.
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Upward extension PDR is a watershed moment for the industry
by Arshad Bhatti
28 / 07 / 2020
COMMENT Itâs not very often I say this, but the new permitted development rights for upwards extensions is a defining moment for the housebuilding industry. It is another step closer to making airspace development an asset class in its own right.
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Casual dining is dead, says former PizzaExpress boss
by Piers Wehner
27 / 07 / 2020
High street casual dining chains have âno futureâ after coronavirus, according to former PizzaExpress boss Hugh Osmond.
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Committee calls for £10bn a year social housing fund
by Emma Rosser
27 / 07 / 2020
A cross-party group of MPs has called on the government to boost social rented housing by an extra 90,000 homes a year with a £10bn annual grant.
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Covid-19 to wipe out £5.7bn from resi rental income
by Mitchell Labiak
27 / 07 / 2020
An upcoming coronavirus-fuelled recession would wipe out £5.7bn from residential landlordsâ rental earnings by 2024.
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House sales return to ânormalityâ
by Piers Wehner
27 / 07 / 2020
Housing market transactions should be back to normal soon according to Knight Frank.
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Office demand surges in satellite locations
by Nadia Elghamry
27 / 07 / 2020
As enquiries for satellite office locations make a comeback, could we all end up working in local offices?
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Light at the end of a long tunnel
by Liz Hamson
24 / 07 / 2020
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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More than half a million businesses in significant financial distress
by Louise Dransfield
24 / 07 / 2020
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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PBSA deals signal revival of the student housing debt market
by Sally Hickey
24 / 07 / 2020
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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