All Property Week articles in 30 October 2020
View all stories from this issue.
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OnlineDPD snaps up 47,000 sq ft lease in Dartford
Parcel service operator DPD has taken a 10-year lease at Orbital 48, a 47,888 sq ft new build distribution unit in Littlebrook, Dartford.
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OnlineDerwent London collects 89% of office rent
Derwent London has collected 89% of its office rent collection for the September quarter day, climbing from 83% when it last updated the market a month ago.
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OnlineApex Airspace drafts in new COO
Apex Airspace (Apex) has appointed Phillippa Prongué as its new chief operating officer, marking the airspace developer’s second new senior hire this year.
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OnlineGovernment to extend furlough scheme until end of March
Rishi Sunak has announced that the government will extend its furlough programme until the end of March amid fears of a sharp rise in unemployment as England enters a renewed national lockdown.
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OnlineConstruction requires most ‘special situations’ financing
Construction finance has seen the highest levels of demand for ‘special situations’ real estate finance, according to real estate investment and advisory firm Rivercrown.
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OnlineFirst images revealed of Capital & Centric’s Leonardo Hotel in Manchester
The first images have been revealed of Capital Centric’s £35m Leonardo Hotel in Manchester’s Piccadilly East.
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OnlineDoncaster industrial units brought to market
Just under 62,000 sq ft of prime mix-box warehouse space in Doncaster has been brought to market.
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OnlineFlexible occupancy rates drop less than expected
Just under a third of flexible workspace providers reported that occupancy rates have fallen by around 10% during the lockdown, according to data from the Instant Group.
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OnlineAudley Group brings easyHotel chief financial officer on board
Audley Group has appointed former easyHotel chief financial officer Gary Burton as its own CFO.
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NewsUKCM collects 81% of Q4 rent while portfolio value holds
UK Commercial Property REIT (UKCM) saw its NAV per share nudge up and portfolio value hold in the third quarter of this year, but collected just 81% of rent for the final months of the year.
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NewsRDI REIT disposes of retail assets and announces new chief executive
RDI REIT sold off much of its retail portfolio in the financial year ended 31 August 2020, reducing its exposure to the sector from 28.1% last year to 10.1%.
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News72% of employers want to retain home working after the pandemic
72% of employers wish to retain home working after the pandemic, a report by Flex Appeal has revealed.
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NewsTODD Architects opening studio in Manchester
TODD Architects has opened a studio in Manchester in response to a growing workload in the region.
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NewsPrologis underwrites commitment to London market with new hire
Prologis, a UK’s developer of industrial logistics parks, has appointed Gavin Quinn to help the company continue to grow its presence in the London and South East markets.
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OnlineBoxpark to offer rent relief for tenants during second national lockdown
Boxpark has announced that it plans to charge no rent or service charge fees for tenants during the second national lockdown.
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OnlineReal Estate Investors increases rent collection
Midlands-based commercial property group Real Estate Investors has seen an increase in rent collections as it provided an update to the stock exchange.
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NewsUniversity accommodation provider takes office space at Arthur Street, London
The University Partnerships Programme (UPP), which provides university accommodation, is the latest occupier to join the tenant mix at CIT’s recently refurbished 12 Arthur Street in the City of London, where it will be occupying the 8,759 sq ft first floor.
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NewsLiberty Properties and Eddie Stobart Warrington project refused
Liberty Properties and Eddie Stobart will not be allowed to demolish existing on-site buildings to develop a National Distribution Centre in Warrington.
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NewsTokoro Capital hires new head of finance
Tokoro Capital, a next generation real estate investment manager, has hired John Hopkins as head of finance.
