Covid-19

All the latest related news as the evolving coronavirus pandemic impacts the property industry.

Covid-19 News

Westfield newsagent given nine months to pay Covid-19 rent arrears
2022-10-06T10:24:00+01:00By Mel Flaherty
A news kiosk operator at Westfield Stratford City has been given nine months to pay £55,000 of rent arrears, following the ruling of an independent arbitration panel tasked with reducing or upholding Covid-19-related commercial rent arrears claims.
Howard de Walden back in black but ‘bleak’ outlook dampens ambitions
2022-09-08T00:00:00+01:00By Jamie Bennett-Ness
Howard de Walden Estates has returned to a pre-tax profit as a result of a strong post-pandemic recovery, but the difficult national economic outlook has dampened its ambitions for the year ahead.
Industry slams Covid Relief Fund handling
2022-09-01T00:00:00+01:00By Jamie Bennett-Ness
The government’s handling of its £1.5bn Covid Relief Fund has been labelled a “disgrace” after figures revealed that less than a third of the business rates relief fund has been allocated as a September deadline looms.
Owners of Bon Accord centre call in administrators
2022-09-01T00:00:00+01:00
The owners of Aberdeen’s Bon Accord Shopping Centre have entered administration following unsustainable cashflow problems.
Hygiene gripes can put workers off office return
2022-09-01T00:00:00+01:00
Editor: Remit Consulting’s Return Report points to a positive trend of workers returning to the office; and since it was released, the hybrid forms of work it identifies have accelerated, with the level of employees working exclusively from home falling in the last two months from 22% to 14%.
Dalata reveals post-pandemic recovery in half-year figures
2022-08-31T08:04:00+01:00By David Parsley
Dalata Hotel Group has posted a sharp rise in revenue for the six months to the end of June, beating pre-pandemic levels.
Hybrid offices are ‘critical’ to employee retention
2022-08-25T00:00:00+01:00By Jamie Bennett-Ness
Survey reveals successfully managing transition to hybrid structure is key priority,
Hospitality sector’s moment of need
2022-08-25T00:00:00+01:00By Nick Weir
Editor: Now Covid is out the way, we should all be fine… but wait.
Industry slams Sunak’s high street revival plan
2022-08-04T00:00:00+01:00By Laura McGuire
Roger Wade and Melanie Leech attack lack of business rate reform proposals.
Barrett bounces back from pandemic as annual profit set to exceed £1bn
2022-07-14T08:02:00+01:00By David Parsley
Barratt Developments has hailed “an excellent performance” for the year to the end of June as home completions returned to pre-pandemic levels and profit heads to more than £1bn.
Puma eyes healthcare lending opportunities
2022-07-14T00:00:00+01:00
MD highlights attractive prospects in ‘defensive’ healthcare and living sectors.
New housing secretary takes on building safety issue
2022-07-14T00:00:00+01:00
Days into the job, newly appointed housing secretary Greg Clark has already been communicating directly with housebuilders over the remediation of dangerous cladding, in line with the government publishing a draft contract for developers to sign.
Survey shows a gloomy outlook for property
2022-07-14T00:00:00+01:00By Anviksha Patel
Respondents to Property Week’s sentiment survey express concern about economic climate.
Delays and inflation cast doubt on ‘40 new hospitals’ promise
2022-07-13T23:00:00+01:00By Jamie Bennett-Ness
Survey finds half of NHS trust bosses doubt they will receive funds to rebuild estate as construction costs spiral
Nursery sector booming says Knight Frank
2022-07-05T11:58:00+01:00By Rhodri Morgan
The nursery sector attracted over 50% more interest from private equity-led capital last year compared to 2020, according to the latest research from Knight Frank.