Covid slashes top dog salaries and bonuses
Account filings show sharp fall in executive pay in 2020 due to the pandemic.
Pandemic pauses the rise of London’s tall buildings
The number of planning applications and construction starts on tall buildings in London nosedived last year as a result of the coronavirus pandemic, an industry survey has revealed.
MCR Property Group office purchase ‘first of 100’ in Scotland
MCR Property Group has snapped up an office building in Glasgow in the first buy of a new strategy to buy 100 assets north of the border in the next three years, Property Week can reveal.
March is the worst month on record for net outflows from funds
Volatility attributed to ‘ISA season’ as investors flee to equities, withdrawing £589m from open-ended funds.
Office take-up plummets in Edinburgh and Glasgow
Office take-up in Edinburgh and Glasgow has plummeted due to the Covid-19 pandemic, research from CBRE has revealed.
Edmond de Rothschild REIM snaps up Merlin Wharf for £60m
Edmond de Rothschild Real Estate Investment Management (EDR REIM) has bought its second build-to-rent residential development, the £60m Merlin Wharf in Leicester.
ASI looks to buy IM Properties’ £90m Amazon shed in Hinckley
Aberdeen Standard Investments (ASI) is in talks to buy a warehouse let to Amazon in Hinckley for £90m, representing a yield of over 3%.
Tesco in talks on £100m Pets at Homes distribution centre funding
Tesco Pension Fund is in talks to forward fund the development of Pets at Homes’ Staffordshire distribution centre in a near-£100m deal.
ASI to forward fund £110m Next distribution centre sale and leaseback
Aberdeen Standard Investments is to forward fund the £110m sale and leaseback of Next’s new distribution centre as the retailer looks to expand its operations.
Office rent collection strong but retail lags
Offices account for lion’s share of March quarter rents paid to major landlords.
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Covid slashes top dog salaries and bonuses
Account filings show sharp fall in executive pay in 2020 due to the pandemic.
March is the worst month on record for net outflows from funds
Volatility attributed to ‘ISA season’ as investors flee to equities, withdrawing £589m from open-ended funds.
Industrial and logistics yields set to hit a new record low of 3.5%
Average industrial and logistics yields remain at their lowest on record for the fifth consecutive month – and Savills is predicting they will contract further before the end of the year.
Residential set to play bigger role in Canary Wharf’s future
Potential plans for 60-storey BTR tower at 1 Park Place could form part of a larger post-Covid residential play
A levelling-up boost for housing
By ‘eck, the BBC is to drag swathes of its London staff up North and the regions in the name of the government’s ‘levelling up’ agenda. It’s bound to price some locals out of the market. And not just for their macchiatos.
Q&A: Anchor Hanover head on LGBT scheme
Charles Taylor talks about the firm’s LGBT+ later-living scheme in Manchester
London has always bounced back from challenges, says Landsec chief
Covid-19’s impact on commercial real estate has been severe, but Landsec’s chief executive thinks the pandemic may act as a catalyst for positive change in the sector
Chelsea’s rich history of resilience and revelry
As we begin to emerge from Lockdown, London, and Chelsea in particular are looking at the ways in which to reimagine public spaces and ensure high streets thrive post-pandemic.
A modular route to levelling up
The government faces an ever-growing list of issues that it needs to tackle. Covid’s immediate legacy is rising unemployment, with almost two million now out of work. That’s only going to increase as support schemes such as furlough are tapered in the coming months.
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Expert comments
A levelling-up boost for housing
Fun is fundamental to property
Collaboration is the key to recovery
Hybrid working is changing real estate
Time to embrace ‘PHD thinking’
A levelling-up boost for housing
Fun is fundamental to property
Collaboration is the key to recovery
Hybrid working is changing real estate
Time to embrace ‘PHD thinking’