All Property Week articles in 1 May 2020 – Page 4
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OnlineTfL and 4C Hotels to offload 60 Aldgate
Allsop has been instructed by TfL and Indian hotelier 4C Hotels to find a buyer for a joint venture partner for London office scheme 60 Aldgate.
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OnlineResidential land prices face drop in Q2 2020
Residential land prices will drop in the second quarter of this year because of the Covid-19 outbreak, according to new research from Knight Frank, which also suggested the market could still face a hangover from Brexit on top of the pandemic.
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OnlineThe rise of the hyperlocal workspace
The office has gone through huge changes over the past 30 years. Traditionally, leased offices have been in central locations with terms skewed in the landlord’s favour, for example long lease lengths and the responsibilities of risk and cost sitting with the tenant.
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OnlineTony Baldwin retires after more than 30 year career at Avison Young
Tony Baldwin has retired from his role at Avison Young after more than 30 years at the business.
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OnlineOasis and Warehouse to permanently shut up all shops
High-street fashion chains Oasis and Warehouse will close their stores permanently with the loss of more then 1,800 jobs.
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OnlineAviva Investors completes sale-and-leaseback with Next on three warehouses
Aviva Investors has bought three logistics warehouses from Next through its Lime Property Fund for £107m.
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OnlineGCP Student REIT pays interim dividend
GCP Student REIT will pay a third interim dividend of 1.58p per share, as it anticipates an 18% (£9m) reduction in income in the academic year 2019/20 due to the Covid-19 pandemic.
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OnlineIntu appoints restructuring officer and prepares action against non-paying tenants
Intu has appointed a chief restructuring officer as it prepares to take “robust action” against certain tenants who are refusing to engage in rent talks.
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OnlineBarratt Developments to re-open sites from 11 May
Barratt Developments will recommence work on its construction sites from 11 May.
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OnlineStock market summary: 30 April
Urban Logistics’ share price leaps 3.7% after it announces the purchase of a warehouse portfolio.
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OnlineReal estate debt market down but not out despite Covid-19
Some new funding deals are progressing, even in sectors adversely affected by the coronavirus outbreak.
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MarketsOn top of sustainability
The industrial and logistics sector may not shout about its environmental achievements but that doesn’t mean it is a laggard.
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InsightThis will be a short, sharp shock
Economist John Maynard Keynes said: “When the facts change, I change my mind. What do you do, sir?” when he changed his mind in a debate.
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InsightA rapid road to recovery
As China returns to work after the Covid-19 lockdown, Property Week finds out what the ‘new normal’ looks like in the pandemic’s ground zero and what it might look like here.
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NewsThe long road to recovery
You can see why conspiracy theorists are having a field day over Covid-19. None of the global health crises of the past century or so have turned into global economic ones. Why this one? Some sinister force must be at work.
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MarketsAn upside to the lockdown
The Covid-19 crisis has wreaked havoc on many property sectors, but for industrial and logistics landlords it has created a spike in demand.
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MarketsWorking FLEXI time
SEGRO director Alan Holland outlines the strategy for the company’s new flexible space brand.
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MarketsExpect more interest in flexible space
Activity remained buoyant in January and February 2020 but March data reveals that, in general, occupiers were not committing to signing new leases.
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ProfessionalWhat furloughing means for employers and employees
Employment lawyers have been inundated with questions about the government’s Job Retention Scheme.
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InsightMoving from crisis to opportunity
Covid-19 has had a massive impact on our world. As we go through the three R’s – responding, resilience, reimagining – now is the time to consider how we could emerge to be stronger, leaner and more effective.
