All Property Week articles in 24 April 2020 – Page 3
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News
Events specialist offers solution for vacated retail space
Events specialist SpaceandPeople has launched a service called Revive to help pop-up retailers rent units vacated by other retailers.
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Savills mourns loss of Alex Dawson
Alex Dawson, Savills’ UK head of public sector consultancy, died on Saturday evening.
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Charting a course towards the new normal
At a time when we’re all looking for light at the end of the tunnel, you need a few pointers along the way.
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Why we need to help those small business in serviced offices that are falling through the cracks of the Covid-19 Grant Scheme
When on March 24th, 2020 the Government announced its support for small businesses and introduced a Covid-19 grant scheme “to cover fixed costs”, it could have chosen several criteria for eligibility, such as size of company turnover or having less than 5 employees.
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Springfield Properties furloughs 90% of staff as directors take 50% pay cut
Scottish housebuilder Springfield Properties has furloughed 90% of its staff as directors take a 50% pay cut due to the coronavirus crisis. Senior managers have also taken a 20% pay cut until further notice.
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Warehouses ‘completely full’ by May
Trade association UKWA estimates that UK warehouses will be completely full in 2-3 weeks as goods continue to arrive at UK ports but outbound flows of non-food and non-essential products come to a halt.
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Co-op leases 41,500 sq ft in Arndale House in Manchester
The Co-op has signed a lease for 41,500 sq ft at Arndale House in Manchester.
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Phase three of Rochester Riverside approved
Phase three of the £419m development at Rochester Riverside has been approved.
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Aberdeen Standard funding redevelopment of Stratford Office Village
berdeen Standard Investments will invest more than £36m to forward fund the redevelopment of Stratford Office Village, a build-to-rent project in Stratford.
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John Lewis considers outside investment as it rolls out plans for store reopenings
Department store chain John Lewis is considering the permanent closure of some of its less profitable stores once the national lockdown is lifted.
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UK cities best placed for recovery in hotel sector
Edinburgh, Glasgow and Manchester are among key European cities that are well positioned for a recovery in the hotel sector.
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Redrow to open sites from 11th May
Redrow is the latest housebuilder to announce it will reopen sites.
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Private homes built in 2020 will drop by 35%
The number of private homes built in 2020 will drop by 35%, according to research by Knight Frank.
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Join Property Week’s free anxiety management workshop at 1pm today
The third of Property Week ’s free wellbeing workshops, taking place at 1pm today, will teach you positive coping strategies to deal with anxiety.
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Deloitte warns property valuations at risk of fraud
Accountancy firm Deloitte has warned that property valuations are at risk of fraud as transactions dwindle.
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UK Commercial Property REIT directors take pay cut as dividend halved
UK Commercial Property REIT’s board of directors have taken a 20% pay cut, as the firm slashed its dividend in half.
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Propertyshe perspectives: making the most of virtual relationships, the importance of finding collaborative solutions and being seen to do the right thing
Having consulted my diary I see that, incredibly, we are now a month into lockdown.
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Learn anxiety management techniques in third Property Week wellbeing workshop
Managing anxiety will be at the centre of the next free Property Week wellbeing workshop, in association with Moda Living and its wellbeing partner hero.
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How have valuations changed since lockdown, and what is the impact of this change?
Covid-19 has struck the property industry like a meteor, with retail in freefall, swathes of office space deserted and the housing market put into suspended animation by the government.
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Landlords of 150 Travelodge hotels unite to organise payment proposal after rent cuts rejected
The owners of around 150 Travelodge hotels have united to come up with a payment proposal after the hotel operator’s call for rent cuts was widely rejected.