All Property Week articles in 22 May 2020 – Page 4
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Insight
View from the top: Chris Ireland, UK chief executive of JLL
The UK chief executive of JLL talks to Property Week about the impact the coronavirus pandemic has had on the firm and his own way of working – and why he thinks it offers an opportunity to reimagine the sector.
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News
More big deals in pandemic-proof industrial sector
Demand for industrial and logistics space continues to grow apace as occupiers line up to take large, long-term leases across the country despite, or sometimes because of, the coronavirus pandemic.
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Professional
Valuations office systems will be tested like never before
The pandemic could spark thousands of claims lodged by firms citing a material change of circumstances.
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News
Agent P: He's back...with ideas
8.30am, 22 May, an East Kent Ford dealership. Guess who’s back from Mexico? My mate Ivan. He scuttled off to some place named after a dog in 2009 with a few million, after HMRC came knocking. Wife’s rich uncle provided a bolthole. Chihuahua was it? No matter.
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News
Beaufort teams with Marchdown to acquire Peterborough estate
Beaufort Capital has completed a mezzanine and equity co-investment alongside Marchdown Holdings to acquire and refurbish an industrial site in Peterborough.
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Professional
Pandemic will accelerate the demand for flex office space
In a parallel with the 2008 financial crash, occupiers will be looking for variable rents and space on demand.
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News
Going above and beyond
Mental Health Awareness Week will have resonated more than usual this year for many of us as we struggle to cope with Covid-19.
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Information
Property Week Digital Edition – 22 May 2020
Q&A with the head of senior living firm Rangeford Villages – Quintain Ireland managing partner Eddie Byrne explains how it plans to become one of the republic’s biggest housebuilders, despite the setbacks caused by coronavirus – Whitbread head of property Mark Anderson on the challenges of keeping the hospitality chain’s ...
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News
This week in… 2002
Marks & Spencer announced plans to expand following a 31% increase in operating profits to £629m.
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News
Maslow Capital launches liquidity fund in response to Covid-19 crisis
Real estate development finance provider Maslow Capital has launched a loan book liquidity fund to broaden its balance sheet capabilities.
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Professional
How should financial year-end reporting factor in Covid-19?
As uncertainty as to when business as usual will resume continues, one significant challenge is financial year-end reporting. For most organisations, the impact of Covid-19 could be a major factor influencing valuations in financial statements submitted under financial reporting standards.
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Online
Stock market summary: 21 May
Gains for Landsec, St Modwen and Custodian REIT in today’s trading.
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Online
Jupiter’s takeover of Merian approved by shareholders
Jupiter Fund Management’s £370m takeover of Merian Global Investors has been given the green light by shareholders.
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Online
European real estate investment will half and then bounce back, Savills says
European real estate investment activity is set to plummet by 50% before rebounding sharply within the next 12 months, according to new forecasts from Savills.
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Online
Property prices could drop by double digits, Aviva warns
UK insurance giant Aviva is predicting a double-digit drop in the price of both residential and commercial property.
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Online
Building supply companies abandon merger during CMA investigation
SIG has scrapped plans to sell off its building solutions business to Kingspan following an investigation into the takeover by Britain’s competition watchdog.
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Online
Essential retail space propped up by out of town retail market according to Savills research
A quarter of all UK retail floorspace remained open during the lockdown, propped up by the out of town market, according to research from Savills.
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Online
April house sales slump by more than half
House sales in the UK slumped by more than half year-on-year in April, as the Covid-19 pandemic took the wind out of the usually busy Spring selling season.
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Online
Northern Irish businesses given £213m business rates relief package
Retail and leisure businesses across Northern Ireland have been granted a business rates support package worth £213m.
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Insight
Don’t go boldly into the storm
Next Wednesday, 27 May, British Land is likely to declare a stonking loss for the year to March, caused by valuation shrinkage within the £4.8bn retail portfolio.