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OnlinePropertyshe Perspectives: preparing for a safe return to work, London transport and the role of technology in managing real estate
Whilst it will be many months before the effects of the pandemic on the real estate sector become clearer, the forecasting around the future of the office continues unabated.
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Workspace Group profit tumbles as business braces for Covid-19 impact
Workspace Group saw its pre-tax profit slashed by almost half in its most recent financial year, in which uncertainty around Brexit and the general election took its toll on the business.
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Stocktons appoints consultants for showroom redevelopment
Renowned Manchester furniture store Stocktons has appointed McLoone Property and Ken Bishop Consulting to redevelop its 50,000 sq ft retail showroom.
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BidX1 raises £4.5m at latest auction
BidX1 raised a total of £4.5m at its auction this week – selling 84% of its 36-lot catalogue.
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Allsop unveils catalogue for June commercial auction
Allsop has unveiled a 62-lot catalogue for its next commercial sale, with 14 lots being offered with a guide price above £1m.
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Victoria’s Secret hires Deloitte to advise on ‘light touch’ administration
Lingerie retailer Victoria’s Secret has appointed Deloitte to navigate it through a ‘light touch’ administration.
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EMEA occupiers eyeing smart building technology, survey finds
Around 88% of EMEA occupiers plan to increase investment in technology to support them in working from home, according to CBRE’s 2020 EMEA Flash Survey.
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Is subletting a post-pandemic solution for spare office space?
Occupiers seem likely to sublet their unused space as headcounts are reduced, but lease terms may present some obstacles.
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What should landlords consider before formalising lease changes?
Recent events have prompted a number of lease renegotiations between landlords and tenants, mostly surrounding timing and amount of rent payments, but other changes have also been discussed.
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Will construction costs increase after works begin post-lockdown?
Coronavirus means it will never again be business as usual for clients, consultants and contractors. In the short term, construction is going to cost more, take longer and force change in a quicker period of time.
