All Covid-19 articles
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News
Decisions, decisions: from the Covid inquiry to levelling-up
The current public inquiry into the handling of the Covid crisis has so far painted a deeply unflattering picture of the way central government arrives at decisions. Among an extraordinary amount of mud-slinging from former advisers, a couple of things stand out.
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News
Real estate has a social and environmental role
Pandemic lockdowns and climate change have led property firms to embrace ESG like never before.
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Markets
Richer mix is a recipe for success
Demand for developments with a range of uses has risen since the pandemic.
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Online
UK hotels bounce back from Covid with strong revenue growth
Hotels in the UK are experiencing a post-Covid rebound, according to new research from Knight Frank.
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Insight
Prioritising sustainability
The Covid-19 pandemic catalysed investment into the logistics market following the unexpected spike in demand from ecommerce and third-party logistics occupiers.
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Insight
‘Covid’s legacy isn’t the end of offices’: Big interview with British Land’s Darren Richards
British Land’s real estate head Darren Richards tells Property Week why, despite hybrid working trends and challenging market conditions, he believes premium, campus-style offices still have an exciting future.
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Markets
Regional focus: Wales
While two Hollywood stars were the unlikely catalyst for Wrexham’s revival, the Welsh government has been the main player in supporting a wave of major regeneration schemes across the country.
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News
Property’s contribution to UK economy shows healthy recovery
The property industry’s contribution to the UK economy showed a healthy recovery from the impact of the Covid-19 pandemic in 2022, with higher levels of jobs, outputs and turnover, tax revenue to the exchequer and capital investment, a report from the British Property Federation (BPF) shows.
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Online
CapReg shows improvement but footfall remains below pre-Covid levels
Shopping centre group Capital & Regional saw footfall during the four months to the end of April rise 4.8% compared to 2022, but it remains below pre-pandemic levels.
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Insight
Material steps for tackling inflation
Editor: Disruption to the construction sector caused by the volatility of material price inflation shows no signs of abating, with recent analysis of Office for National Statistics data showing inflation added £23bn to the cost of the sector’s output compared with pre-pandemic levels.
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News
Prime central London housing shines amid economic gloom
While the wider market outlook is uncertain, overseas buyers are driving a boom in high-end London housing.
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Professional
What constitutes turnover rent?
Prior to the Covid-19 pandemic, turnover rent leases tended to be reserved for discount outlet villages and specialist retail units. Lockdown turned this position on its head. With retailers struggling to survive and landlords worried about voids, both sides looked for new ways to ‘share the pain’ (and potential gain) ...
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News
Education facilities look on course to revive vacant retail space
Croydon’s Whitgift Centre is latest in a series of schemes looking to educational uses as new anchor tenants.
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Professional
Built environment must brace for change as AI takes root
RICS report outlines how the sector can work with artificial intelligence as well as warning of its pitfalls.
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Insight
Collaboration key in decarbonisation
Editor: I read with interest your recent article ‘Industry urges lease shake-up’ and wholeheartedly agree that urgent action is needed to make renting commercial property easier and cheaper.
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Professional
Which post-Covid legislative changes will remain in force?
Legal regimes were introduced to help pandemic-hit hospitality businesses but may soon be phased out.
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News
Post-Covid house price rises tipped to be wiped out in 2023
A nominal price decline of up to 7% is expected for residential property in 2023, wiping out most of post-Covid-19 rise in values, according to Fitch Ratings’ report ‘Credit Perspectives on the UK Housing Market: Solid Foundations or Cracks Emerging?’
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Insight
A wealth of opportunities
High returns from oil and gas have left many sovereign wealth funds flush with money to invest. So, asks Property Week, are they set for a spending spree in repriced European markets?
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Markets
A sector with room for growth
Hotel chains are expanding across Europe despite tough economic conditions.
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Professional
What went wrong with the government’s CARF scheme?
A fifth (20%) of the Covid-19 Additional Relief Fund (CARF) had still not been allocated to businesses as of the deadline date of 30 September 2022, according to the government’s latest official data.