David Parsley
David Parsley is contributing editor on <em>Property Week</em>, specialising in finance and general news. His career has included being founding editor of <i>City AM</i>, markets editor on <i>The Sunday Times</i> and business editor on the <i>Sunday Express</i>. He began his career as news editor on <em>Property Week</em> in 1994.
Contact info
- Tel:
- 07912 694 581
- Email:
- david.parsley@propertyweek.com
NewsGPE collects two thirds of rent and remains on track to deliver annual results
Great Portland Estates (GPE) has collected around two thirds of quarterly rent, and of the remaining third, more than 60% is from retail, hospitality and leisure tenants.
- Online
Savills postpones AGM and withdraws dividend to preserve cash during health crisis
Savills has postponed its annual general meeting following the government’s public health instructions to stay at home measures during the Covid-19 pandemic.
- Online
PHP expects Covid-19 to show “important role” its assets play in healthcare system
Primary Health Properties has collected 79% of first quarter rent to 31 March, mainly due to payments coming from UK and Irish governments.
- Online
Galliard transforms Essex warehouse into essential supplies unit to support ‘NHS heroes’
Galliard Homes has donated a warehouse complex in Essex to the local authority in order to store essential supplies.
- Online
CapReg cuts back on capex as it collects only half of quarterly rents
Capital & Regional has collected 50% of second quarter rent from tenants as the Covid-19 health crisis impacts on the UK economy.
- Online
NewRiver reliance on grocery and ‘essential stores’ pays off during lockdown
NewRiver has said over a third of its retail assets remain open during the health crisis, as supermarket pharmacies and other essential services stay open during the lockdown.
- Online
Knotel makes drastic staff cuts
WeWork rival Knotel has made 30% of its workforce redundant and furloughed another 20%, becoming the latest venture capital-backed real estate firm to bow to the impact of Covid-19.
- Online
FirethornTrust makes three hires
FirethornTrust has made three new recruits as it bolsters its in-house development capabilities.
- Online
CBRE efforts to help NHS during health crisis secures 145,000 beds near hospitals for staff
CBRE’s efforts to help the NHS during the Covid-19 is already yielding results, just a week after it launched the campaign.
- Online
Southern Grove acquires Maidstone library for affordable homes development
Developer Southern Grove has secured a site in Maidstone for an affordable housing scheme.
- Online
Inland Homes axes dividend as directors take pay cuts to mitigate impact of Covid-19
Inland Homes has said the Government’s action last week to put a freeze on home transactions as part of its measures to fight Covid-19 last week have “severely impacted the UK housing market”.
- Online
Purplebricks introduces video valuations and virtual viewings as Covid-19 hits revenue
Purplebricks has switched its business focus to a completely online model in the face of the Covid-19 health crisis.
- Online
Hammerson collects 37% of second quarter rent and suspends final dividend to mitigate Covid-19 impact
Hammerson collected just 37% of the latest quarterly rent bill in the UK, but is vowing to help tenants through the Covid-19 crisis.
- News
Intu embarks on crisis talks to save company from collapse
Shopping centre giant intu has embarked on a series of meetings with lenders and investors in a last-ditch attempt to rescue the company from collapse.
- Online
Bellway profit falls as housebuilder as it closes down sites
House builder Bellway Homes has revealed a 7% fall in pre-tax profit for the six months to the end of January and has warned of “a period of substantial disruption” during the Covid-19 health crisis.
- Online
Unite cancels rent payments for students wishing to return to their families
Student accommodation giant Unite is set to take a hit of up to £125m by allowing students to forgo rent if they choose to return home for the remainder of the 2019/20 academic year.
- Online
McCarthy & Stone offers 300 homes to NHS staff and recovering elderly
Retirement home giant McCarthy & Stone has offered the Government 300 newly built apartments to house NHS staff and elderly patients recovering from Covid-19.
- Online
Covid-19: Redrow warns of impact on house sales and cancels dividend
Housebuilder Redrow has warned its sales will be “seriously impaired” as a result of the Covid-19 outbreak and is cancelling its interim dividend to help mitigate the impact of the health crisis.
- Online
Covid-19: Propcos postpone results following advice to delay from regulators
Listed property companies are delaying the publication of financial figures in line with regulatory advice in order to allow a clearer picture to emerge of the impact of the Covid-19 outbreak.
- Online
Covid-19: Blackstone buys logistics assets as demand soars for online shopping during health crisis
US private equity giant Blackstone has agreed a £120m deal to buy a portfolio of logistics sites across the UK from Clearbell Capital as online shopping soars in response to the Covid-19 pandemic.
