Anviksha Patel
Anviksha is a senior reporter at Property Week
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News‘Zombie occupiers’ threaten to kill London office leasing deals
Deals are likely to be put on hold as occupiers with surplus space rethink requirements in light of Covid-19 fallout.
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RICS to permanently close six UK offices
RICS will close the majority of its UK offices permanently, with the exception of the London, Birmingham and Edinburgh offices as it moves to a digital first approach, Property Week can reveal.
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Nedbank signs lease at 12 Arthur Street
South African commercial bank Nedbank has signed a lease for the 8,685 sq ft seventh floor of 12 Arthur Street in the City of London.
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RICS calls for government to maintain support amid residential market improvement
RICS has urged the government to maintain measures to sustain economic recovery as early signs of improvement in the residential market may “quickly run out of steam”.
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Business rates expert slams ‘inefficient’ small business fund scheme
The government fund intended to help small businesses survive the coronavirus has been slammed as “inefficient” by business rates experts as government data reveals that £1.7bn from the scheme has yet to be handed out.
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Whitbread sales slump 79% amid hotel reopenings
Hotel operator Whitbread’s total sales in the UK have slumped 79.5% due to the mass closure of hotels in March.
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Assura Healthcare completes £35m seven-asset acquisition
GP surgery landlord Assura Healthcare has bought seven properties for a combined £35m and disposed of a 20-asset portfolio for £17m, according to its trading update for the first quarter ending 30 June.
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CLS Holdings collects 93% of rent
UK and European investor CLS Holdings has collected 93% of its rent for the third quarter due as of 7 July by switching some tenants to a monthly rent.
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U+I posts £58.6m loss
Regeneration property developer U+I has reported a £58.6m pre-tax loss in the year ending 31 March.
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SEGRO collects 93% of rent
SEGRO has said that 93% of the annual £37m in rent from its UK portfolio has been collected or is being collected quarterly up to 24 June.
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Singaporean investor makes UK debut with One New Oxford Street purchase
Singaporean investor Sun Venture has purchased One New Oxford Street for an undisclosed sum, marking the firm’s first UK acquisition.
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Stamp duty holiday expected to boost economy
Chancellor Rishi Sunak is expected to unveil a six-month stamp duty holiday this week.
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Global Student Accommodation hires new chief executive
Global Student Accommodation (GSA) has appointed Will Rowson as its new chief executive with immediate effect.
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John Lewis closes stores and part of London HQ
Several John Lewis stores and one of two its head offices located in Victoria, London will close as part of a cost-saving strategy.
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Canopy raises over £2m within 48 hours
Digital rental platform Canopy has raised over £2m led by West Hill Capital in under 48 hours, bringing its total seed capital to more than £10m.
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Green light for HBD 1m sq ft manufacturing facility
Henry Boot Developments (HBD) has been given planning permission for the expansion of the International Advanced Manufacturing Park (IAMP) in Sunderland for a further 11 acres.
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DPD takes 25,000 sq ft Leeds warehouse
Parcel delivery firm DPD has let a 25,000 sq ft refurbished warehouse in Gildersome, Leeds.
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FirstPort expands its senior team
Residential asset manager FirstPort has appointed David Young as chief operating officer and Michael Venus as its new HR director.
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RICS and TPO appoint chair for new Code of Practice steering group
RICS and the Property Ombudsman (TPO) have appointed Baroness Dianna Hayter as chair of a new independent steering group that will develop a code of conduct for residential property agents.
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Singer Vielle appoints new consultant amid Ireland expansion
Investment agency Singer Vielle has hired Robert Franks as its new consultant following the firm’s move into the Dublin market.
