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December quarter rent collection levels reach 77% at 21-day mark
Landlords have collected 77% of commercial rents from tenants at the 21-day mark for the December quarter, according to Cushman Wakefield.
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Westfield Stratford City to open vaccination centre
A new Covid-19 vaccination centre is set to open in Westfield Stratford City this week.
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L&G publishes strategy to deliver net zero across its real estate portfolio
L G has published a strategy to help it deliver net zero across its 76m sq ft UK real estate portfolio.
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AEW UK’s industrial portfolio grows in value
AEW UK REIT’s industrial portfolio has grown in value by 7.6%
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Three ‘entirely misleading’ property companies wound up
Two property investment companies and an associated company have been wound up after raking in £3.5m from investors “without making any genuine investments”.
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Boohoo acquires Debenhams’ brand for £55m
Online fashion retailer Boohoo has acquired the Debenhams brand for £55m and will re-launch it as an online-only brand.
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Investec loans Blue Coast Capital £24m for Richmond hospital redevelopment
Investec has loaned Blue Coast Capital £24m for the redevelopment of the former Richmond Royal Hospital into a residential scheme.
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ASOS emerges as frontrunner for Topshop bid
Online retailer ASOS is the front-runner to buy Topshop, the jewel in the crown of Philip Green’s Arcadia group.
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SEGRO secures planning for ‘London’s greenest industrial estate’
SEGRO has received planning for what it says will be “London’s greenest industrial estate”.
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REDD hires ex-Grosvenor director
REDD has appointed Mark Tredwell, an ex-director of Grosvenor, as head of development.