Covid-19

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

Covid-19 News

Workspace back in black after Covid woes
2022-06-08T13:52:00+01:00By Rhodri Morgan
Workspace has posted £124m profit for its full year 2022, turning around an almost quarter-billion-pound loss from a year prior.
UK office occupancy hits post-Covid peak
2022-05-27T15:56:00+01:00By Lawrie Holmes
The number of people returning to work in the office in the UK increased marginally last week, with the average office occupancy rate standing at 28.1% - the highest level since the start of the pandemic, according to management consultancy Remit Consulting.
Crossrail to boost rents in London submarkets
2022-05-26T00:00:00+01:00By Jamie Bennett-Ness
London submarkets benefiting from Crossrail’s connectivity are set to see office rents continue to soar, outperforming traditional hubs such as the West End and the City, according to London office experts.
The Shipping Building welcomes two new tenants
2022-05-20T10:36:00+01:00By Anviksha Patel
Newly refurbished office the Shipping Building in Hayes, Kent, has signed two leases to ABV Solicitors and Electric Car Co.
GPE back in black driven by the return to offices
2022-05-19T08:11:00+01:00By Rhodri Morgan
GPE swings firmly back to profit for the year ending 31 March 2021, reversing a £202m loss the year prior.
On a roll at Eurovision
2022-05-19T00:00:00+01:00
Was Armenia’s song contest entry a cry from the heart of generation rent?
Big agencies seek to fill hundreds of vacancies in recruitment drive
2022-05-12T00:00:00+01:00
Property agencies are on a recruitment spree with CBRE, JLL and Savills among the busiest recruiters in the real estate sector, according to figures from labour market data and analytics company Vacancysoft.
Diner donors dig in
2022-05-12T00:00:00+01:00
Hospitality industry raises £700k for LandAid and StreetSmart campaign.
Central London office take-up jumps up 69% in Q1
2022-05-10T14:34:00+01:00By Laura McGuire
Central London office take-up totalled 2.19m sq ft in Q1 2022, up 69% on the figure for Q1 2021, according to data published by Cushman & Wakefield.
Buyers circle McColl’s as firm calls in administrators
2022-05-06T14:24:00+01:00By Anviksha Patel
Convenience store chain McColl’s has appointed administrators at PwC, putting the future of its 1,400 stores at risk.
‘Worrying’ outlook as insolvencies rise 27% on last quarter
2022-05-05T00:00:00+01:00By Anviksha Patel
Insolvencies in the property industry have risen in the past year as businesses continue to reel from the after-effects of the pandemic and the ongoing impacts from the Ukraine war.
NAV up 2.5% for Target Healthcare REIT as care home sector continues COVID fightback
2022-05-05T08:06:00+01:00By Rhodri Morgan
Target Healthcare REIT has reported a NAV uplift of 2.5% for its Q3 period ending 31 March.
PPHE Hotel Group records 2020 bounceback but stays far behind pre-pandemic performance
2022-04-28T08:15:00+01:00By Rhodri Morgan
PPHE Hotel Group has fallen short of pre-pandemic revenue totals for Q1 2022, despite a near sixfold increase over the same period in 2021.
Savills and Acuitus post robust results for first quarter of the year
2022-04-21T00:00:00+01:00By Anviksha Patel
Savills raises £86.8m and Acuitus reports £177.5m in total commercial sales in Q1 as market continues to pick up after Covid pandemic.
Booming data centre sector looks set for a wave of giant developments
2022-04-13T00:00:00+01:00By Rhodri Morgan
UK data centres are about to leap in size on the back of increased demand for space and the need for larger, higher-capacity sites, according to DCByte research shared with Property Week.