Sebastian McCarthy
Sebastian McCarthy is analysis editor at Property Week
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OnlineRetail landlord survey suggests data-driven future
Almost 80% of UK retail property owners believe that the Covid-19 pandemic will bring permanent changes to how retail property is leased and the terms on which it is occupied.
- Online
Senior Housing & Healthcare Association launched amid Covid-19 crisis
A body called the Senior Housing & Healthcare Association has been launched in a bid to shape the future of the care industry.
- Online
Harrods opens second outlet in Westfield shopping centre
Harrods is opening a concept store in London’s Westfield shopping centre to retail remaining stock from the current season.
- News
‘It was only a matter of time’: Industry reacts to David Atkins' stepping down
Following a torrid spell of trading for the shopping centre landlord, Hammerson’s embattled chief executive David Atkins has announced plans to step down after more than a decade at the helm.
- Online
Ilke Homes launches new customer-facing unit amid regional push
Yorkshire-based modular company ilke Homes has launched a homes and development unit to manage all sales of homes to customers amid an attempt to expand into the regions.
- Online
Aviva Investors appoints head of transactions for European real estate business
Global asset management group Aviva Investors has appointed a new head of transactions for its European real estate business.
- Online
Supermarket Income REIT forms JV to acquire stake in Sainsbury’s store portfolio
Supermarket Income REIT has formed a 50:50 joint venture with the British Airways Pension Fund to snap up a 25.5% stake in one of the UK’s largest supermarket portfolios.
- Online
British Land’s portfolio value tumbles by £1.2bn
British Land has reported a £1.2bn slump in the value of its property empire as the Covid-19 pandemic takes its toll on the group’s embattled retail portfolio.
- Online
David Atkins to step down as Hammerson chief executive
The chief executive of Hammerson has announced he is stepping down after ten years at the helm.
- Online
Former Downing Street heavyweight joins Arcadis
A former planning minister and Downing Street special adviser has been appointed as a non-executive director of Arcadis, the design and consultancy group for natural and built assets.
- Online
London office leasing slides but legal sector remains active
Take-up of office space in Central London slumped 66% in April compared to last year, as the Covid-19 pandemic took its toll on leasing deals.
- News
Senior figures defend switch to online planning meetings
Doubters fear the public won’t be able to voice their objections as councils move committees online during the lockdown.
- Online
Jupiter’s takeover of Merian approved by shareholders
Jupiter Fund Management’s £370m takeover of Merian Global Investors has been given the green light by shareholders.
- Online
European real estate investment will half and then bounce back, Savills says
European real estate investment activity is set to plummet by 50% before rebounding sharply within the next 12 months, according to new forecasts from Savills.
- Online
Property prices could drop by double digits, Aviva warns
UK insurance giant Aviva is predicting a double-digit drop in the price of both residential and commercial property.
- Online
Building supply companies abandon merger during CMA investigation
SIG has scrapped plans to sell off its building solutions business to Kingspan following an investigation into the takeover by Britain’s competition watchdog.
- Online
April house sales slump by more than half
House sales in the UK slumped by more than half year-on-year in April, as the Covid-19 pandemic took the wind out of the usually busy Spring selling season.
- Online
Northern Irish businesses given £213m business rates relief package
Retail and leisure businesses across Northern Ireland have been granted a business rates support package worth £213m.
- News
The housing market restarts but it’s not yet business as usual
Social distancing measures and a weak economy are likely to hit the sales market much harder than the rental market
- News
Visions of the healthier and safer post-lockdown office
Post-pandemic offices are likely to include socially distanced desks, touch-free facilities and more greenery
