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Futurists may see Covid as the catalyst that will transform us all into digital nomads, but I disagree. The pandemic isn’t about to kill the office market. Instead, it will accelerate structural changes already taking place, such as the rise of flexible work practices.
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The flexible and co-working office sectors are set to see a rise in forced consolidation as the coronavirus pandemic poses the industry its greatest challenge yet and widens a gap between leaders and laggards.
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House prices fell at the end of January as the stamp duty holiday nears an end.
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Accounting giant KPMG has become the latest major occupier expecting to reduce its office footprint, announced as part of a swathe of measures in response to the coronavirus pandemic.
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Global investors have as much as £46bn trained on London’s office investment market, according to research, as property dealmakers in the capital brace for a flurry of activity when it emerges from lockdown.
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Demand for supermarket property assets in the UK is expected to continue as investors look for a source of stable rental income.
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There are no black business leaders in the top three jobs at any of Britain’s biggest listed companies.
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The final quarter of 2020 saw a 43% increase in property transactions than the previous quarter as homebuyers looked to take advantage of the stamp duty holiday, according to the latest figures from HMRC.
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Unlisted property funds with a large exposure to the retail market saw their returns continue to drop in the final quarter of 2020.
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The Covid-19 pandemic and Brexit are both driving a rise in demand for space from European logistics occupiers, according to a new survey by CBRE and market analysis company Analytiqa.
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Landlords have received 65% commercial rent due for the December quarter, according to data from property management platform Re-Leased.
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Office and residential scheme completions have soared in key regional cities, defying the odds during the coronavirus pandemic
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The British Property Federation (BPF) has slammed the government’s proposals to allow for easier residential conversions on the high street.
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Converting shops to homes could “destroy town centres”, the BPF has declared.
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More than one in three medium-sized firms expect to reduce the amount of office space they hold in the wake of the Covid-19 crisis, according to a survey examining future commercial property demand.
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Last week, a £200m scheme for a life sciences building developed by Legal & General and the University of Oxford received planning permission from Oxford City Council, paving the way for the city’s largest-ever development and underlining growing investor interest in the life sciences sector.
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Last week, a £200m scheme for a life sciences building developed by Legal & General and the University of Oxford received planning permission from Oxford City Council, paving the way for the city’s largest-ever development and underlining growing investor interest in the life sciences sector.
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Last year, many property sectors struggled as a result of the Covid-19 pandemic. However, one sector that bucked the trend and managed to thrive despite national lockdowns and the recessionary climate was self-storage.
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The proportion of empty shops in Britain edged up to 13.7% during the fourth quarter, as the pandemic continued to take its toll on the retail sector.
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Fewer homes are coming to the market in 2021 as resurging coronavirus cases make homeowners play safe.
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