Dalata hotels insists it’s ready for recovery as pandemic destroys profit
Covid-19 devastated revenue at Dalata Hotel Group with the lockdowns slashing income by 68% and leading to the Dublin-based group swinging to a €111.5m (£96.4m) pre-tax loss for the year to the end of 2020.
Budget 2021: What to watch out for
Chancellor Rishi Sunak is set to deliver the most important budget of the decade as the Covid-19 pandemic continues to tear a hole in the UK’s finances. We’ve highlighted the things to watch out for.
LabTech appoints John Perkins as retail asset manager
LabTech has appointed John Perkins as a retail asset manager for the firm’s 580,000 sq ft Hawley Wharf retail and leisure development in Camden, as well as its other Camden schemes.
OakNorth Bank completes £10m investment facility with L1 Capital
OakNorth Bank has completed a £10m investment facility with investment manager L1 Capital.
UK’s ‘first LGBT+ retirement community’ to open this year
In a UK first, Tonic Housing is opening an LGBT+ retirement community in Lambeth, south London, later this year.
ING and LBBW refinance 110 Bishopsgate
ING and Landesbank Baden-Württemberg (LBBW) have completed a £400m, five-year loan refinancing at 110 Bishopsgate in the City of London.
Hadley appoints David Montague as non-executive director
Hadley Property Group has appointed David Montague as a non-executive director.
Mayor of London intervenes over Hondo Brixton office tower
Mayor of London Sadiq Khan has taken over as the local planning authority on a Hondo planning application for a 20-storey office tower in Brixton, south London.
Pluto Finance targets £600m in new lending
Specialist residential development lender Pluto Finance is targeting £600m in new lending over the course of this year, following the repayment of £300m from its loan book in the past six months.
Aldi eyes more London stores
Discount supermarket chain Aldi is to inject £22m into its expansion plans as it looks to open new sites or upgrade existing stores across London and the M25 this year.
Dalata hotels insists it’s ready for recovery as pandemic destroys profit
Covid-19 devastated revenue at Dalata Hotel Group with the lockdowns slashing income by 68% and leading to the Dublin-based group swinging to a €111.5m (£96.4m) pre-tax loss for the year to the end of 2020.
OakNorth Bank completes £10m investment facility with L1 Capital
OakNorth Bank has completed a £10m investment facility with investment manager L1 Capital.
ING and LBBW refinance 110 Bishopsgate
ING and Landesbank Baden-Württemberg (LBBW) have completed a £400m, five-year loan refinancing at 110 Bishopsgate in the City of London.
“Green premium is clear” - Aviva Investors ESG boss tells property podcast
The finance community must work hand-in-hand with Government if Britain is to make good on its climate pledges, Aviva Investors head of ESG has told Britain’s leading property podcast.
How can leaseholders ensure local authorities fulfil their duties?
The right to buy has secured home ownership for nearly two million people who would not otherwise have been able to achieve it.
Retail experts look to new uses to drive Oxford Street revival
Council plans pop-up parks and leisure uses as retail experts say street must overhaul outdated retail offer
Q&A: David Montague on why he has joined Joseph Homes
L&Q veteran says his housing association experience will help take ESG-focused developer to next level
Q&A with Matt Flood, Landsec’s head of occupier markets
Landsec head of occupier markets Matt Flood spoke exclusively to Property Week about the findings of the recent report and what they meant for Landsec’s strategy moving forwards.
Leaseholders and developers attack cladding plan
Critics say £3.5bn government plan to tackle fire safety crisis does not go far enough or spread cost fairly
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Expert comments
Will this be the year the IPSX idea floats?
Key steps on the road to net zero
It’s time for property to transform
Reasons for investors to be cheerful about the UK
Post-Covid offices are set to flourish
Will this be the year the IPSX idea floats?
Key steps on the road to net zero
It’s time for property to transform
Reasons for investors to be cheerful about the UK
Post-Covid offices are set to flourish