Sebastian McCarthy
Sebastian McCarthy is analysis editor at Property Week
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NewsWhy London is still calling
When the UK first entered lockdown in March 2020, the impact was nowhere more stark than in London.
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Landlords urge government not to ignore London in ‘levelling-up’ drive
Landlords have called on the government “not to overlook London” amid fears that the ‘levelling-up’ agenda could result in the ‘levelling down’ of the capital’s economy.
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Drive-thrus, gyms and cinemas lead recovery in leisure sector
Investment volumes are expected to recover as post-lockdown demand bounces back following brutal 2020.
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ICG acquires “mission-critical” 69-acre Corby site
Intermediate Capital Group (ICG) has acquired a 69-acre “mission-critical open storage and logistics site” from Rockingham Automotive in Corby, which is occupied on a 25-year lease to STVA UK.
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RICS unveils new interim leaders
The Royal Institution of Chartered Surveyors (RICS) has drafted in a new interim leadership team as it looks to recover from its governance crisis.
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The key takeaways from Property Week’s hybrid WorkSpace Conference
Senior real estate figures discussed investment trends, the hub-and-spoke office model and inclusion benefits.
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Experts raise concerns over rates relief pledge
Industry figures say “there is no sign” of the £1.5bn promised by the government.
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Industry calls for tougher legislation following Pandora leak
Calls are mounting for tougher legislation to regulate the use of offshore vehicles and stem the flow of dirty money into the UK property market following the leak of the Pandora Papers.
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‘Perfect storm’ strikes UK construction sector
Fuel crisis has added to the sector’s woes, causing further development delays.
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Pandora Papers: Clive Betts questions Crown Estate deal
The chair of an influential parliamentary committee is demanding answers from The Crown Estate over the details of a property deal that have come to light in the Pandora Papers.
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London office fit-out market hits pre-pandemic levels
Activity in the London office fit-out market has returned to its pre-pandemic levels, according to the latest survey by Colliers’ Cost Consultancy team.
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Park Garage buys group of EG Group forecourts
Park Garage has snapped up 27 forecourt sites from EG Group.
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Ousted RICS directors say apology is “difficult to accept”
The four non-executive directors wrongfully dismissed from the Royal Institution of Chartered Surveyors (RICS) have welcomed a formal apology from the body but have said that it is “difficult to accept it as a statement of genuine contrition”.
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RICS cuts ties with Fieldfisher and issues public apology to wronged NEDs
The Governing Council (GC) of the Royal Institution of Chartered Surveyors (RICS) has cut ties with its external legal advisors, set out details for a new independent review and publicly apologised to four non-executives who were wrongly dismissed.
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Evergrande liquidity crisis sparks fears of global consequences
The world is watching to see whether the growing crisis will become China’s ‘Lehman Brothers moment’.
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Aberdeen raises £125m for logistics pipeline
Aberdeen Standard European Logistics Income said today that it has raised £125m of equity to invest in a “sizeable pipeline of investment opportunities”.
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Sencap gets planning permission for Manchester mixed-use scheme
Sencap has received planning consent for a mixed-use scheme in Chorlton, Greater Manchester.
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RICS presidential team starts term early
The incoming presidential team at the Royal Institution of Chartered Surveyors (RICS) has started its reign two months early as the crisis-hit body faces major calls for reform.
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Cautious response to Labour’s business rates promise
The Labour Party has raised eyebrows in the real estate sector after promising to scrap business rates in what it claimed would be the biggest overhaul of business taxation in a generation.
