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NewsCaddick submits plans for 612,500 sq ft hub in Lancashire
Property developer Caddick Developments has submitted plans to deliver a 612,500 sq ft industrial and logistics hub in Farington, Lancashire.
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European real estate returns at lowest on record
The European real estate industry’s total returns are the lowest on record due to the impact of the pandemic, according to a leading index.
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Small-site housing applications take 60 weeks for approval
Housing applications on small sites are taking on average 60 weeks for approval, research shows.
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Aviva provides £38.5m refinancing facility to Grammont
Aviva Investors has provided a £38.5m refinancing facility to developer Grammont Group.
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Global office sector to return to pre-crisis occupancy by 2025
A report published this week by Cushman Wakefield (C W) projected the global office vacancy rate will return to pre-crisis levels by 2025.
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Between 150 and 170 RICS employees at risk of redundancy
The Royal Institution of Chartered Surveyors (RICS) has begun a formal consultation process that could see between 150 and 170 employees made redundant.
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Colliers seeks offers for 20,000 sq ft Farringdon office
Colliers is seeking offers in excess of £17m for a 20,000 sq ft office block in Farringdon, central London.
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Let’s repurpose underused car parks
Editor: In 1970, Joni Mitchell’s hit ‘Big Yellow Taxi’ proclaimed “they paved paradise and put up a parking lot”. Perhaps it is time to revisit this.
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Expect more New Look-style CVAs
Editor: The New Look CVA rent deal is a watershed moment for both occupiers and landlords.
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June quarter rental collections hit 68% for commercial landlords
Commercial landlords suffered a dismal June quarter for rent collection as tenants held back payments in the wake of the Covid-19 lockdown, according to the latest data from Re-Leased.
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