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NewsSome insurers to pay out on business interruption insurance
An undisclosed number of insurance companies have said they would pay out on business interruption insurance relating to fallout from the Covid-19 pandemic, The Guardian has reported.
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Stock market summary: 1 June
West End landlords Shaftesbury and Capital and Counties (Capco) were the highest-rising property stocks today, as investors digested the news that Capco agreed to buy a stake in the rival property giant.
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Cole Waterhouse gets greenlight for Newcastle-Under-Lyme distribution hub
Cole Waterhouse has been granted outline planning permission for a 298,000 sq ft distribution hub in Newcastle-Under-Lyme.
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Property industry stalwarts call for green coronavirus recovery
Some of the UK’s biggest property companies have urged the government to invest in low-carbon infrastructure and real estate during the UK’s recovery from the coronavirus.
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Pi Labs appoints Andrew Saull to lead on proptech research
Proptech firm Pi Labs has appointed Andrew Saull as research associate.
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Auction House London unveils 85-lot catalogue for June auction
Auction House London has released an 85-lot catalogue for its next sale, which will take place via livestream on 16 July.
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Green & Partners announce senior hire and promotion
Green Partners has hired Tom Plaine as a partner working in the company’s lease advisory team.
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Puma Property Finance provides £23m GDV development loan for Hampton by Hilton hotel
Puma Property Finance has completed a £23m GDV development facility for a hotel in Buckinghamshire.
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Pret A Manger and Leon call in advisors
Pret A Manger has hired restructuring advisors Alvarez Marsal and CWM to help renegotiate rents, according to The Sunday Times.
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Ted Baker launches £95m rescue raise
Fashion retailer Ted Baker has announced a £95m fundraising drive to help it return to growth after it reported a plummet in profit.
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