All Property Week articles in 10 July 2020
View all stories from this issue.
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Online
Shelley Sandzer and Gerald Edelman create new F&B finance advisory firm
Two firms have created a new corporate finance firm to combine their expertise in property and finance.
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Next close to buying Victoria’s Secret’s British operations
Next is close to securing control of Victoria Secret’s British operations.
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Just 48% of retail rents collected since June quarter day
Just 48% of retail rents have been collected since June rent quarter day, up from the 47% collected by retail landlords at the equivalent period in March, Property Week can reveal.
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Savills unveils bumper catalogue for next remote auction
Savills is offering 115 lots at its next auction later this month, featuring a mixture of residential and commercial properties.
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Buzz Bingo to permanently close 26 bingo halls across the UK
The company, which formerly traded as Gala Bingo, is launching a CVA that will allow it to leave unwanted leases and cut rents.
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Auction House London unveils 109-lot catalogue for July sale
Auction House London has unveiled a109-lot catalogue for its online sale on 30 July, which is offering a mix of commercial and residential properties
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Stamford Hill house was star at Stretton’s £11.3m July auction
Strettons raised a total of £11.3m at its online July auction, selling 90% of its 40-lot commercial and residential catalogue.
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Savills completes sale of Cornwall hotel to Acorn Blue
Savills has completed the sale of Treglos Hotel on behalf of a private client.
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CBRE GI pre-lets 153,000 sq ft at 280 Bishopsgate
CBRE Global Investors has pre-let 153,000 sq ft at 280 Bishopsgate in the City of London to Baker McKenzie.
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Vapiano appoints retail property specialist tasked with saving 200 jobs
Restaurant chain Vapiano has appointed a retail property specialist to help secure the future of the business in the UK.
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Pizza Express bondholders mull CVA
High street chain Pizza Express is set to be taken over by its bondholders in a CVA as it struggles with revenue loss as a result of the pandemic.
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Tech company Validity leases office in Landid building
Landid has reached agreement with tech firm Validity to lease 8,500 sq ft in at The Charter Building in Uxbridge.
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UK Finance appoints director of mortgages
Trade body UK Finance has appointed of Charles Roe as its director of mortgages.
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Real Estate Balance launches survey on barriers to entry in real estate
Diversity campaign association Real Estate Balance has launched a survey to collect data on barriers to entry in the industry.
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JLL predicts 30% of office space will be flexible by 2030
The study of 3000 workers reveals that, while employees show a strong affinity for the office, they also desire the ability to have the option to work from home one to two days per week on average.
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Former Aviva assets manager launches advisory business
Former Aviva Investors real assets manager Christian Anderton has launched a property investment and advisory business.
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Capital Industrial buys £15m west London warehouse
Capital Industrial has bought a 42,700 sq ft industrial asset in Park Royal, west London, for more than £15m from Eskmuir Properties.
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Gresham House launching new partnership targeting shared ownership market
Specialist asset manager Gresham House is planning to launch a new partnership which will invest in shared ownership residential property.
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New PBSA funding platform launches with £100m commitment
A new student accommodation lending platform has launched with an initial commitment of £100m.
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Robbie Williams-owned arts institution takes 50,000 sq ft at Liverpool’s MetQuarter
Robbie Williams’ music and performing arts institution LMA has signed a 25-year lease to open a new campus at the repurposed MetQuarter shopping centre in Liverpool.