CBRE, JLL, Colliers International and Avison Young all delayed their 2020 graduate programmes to early 2021 as a result of the pandemic, while Knight Frank carried on with its scheme as planned.
Property Week revealed that HMV was poised to open a new flagship experiential store in Birmingham.
High-end estate agency Foxtons revealed plans to float on the market.
Hammerson undertook a retail agency shake-up across its shopping centre portfolio, in which some joint agents were culled as specialists were drafted in, following a strategic review of its leasing process.
Delancey and LRC Group were given the go-ahead for a 600,000 sq ft office scheme at Royal Mint Court near the Tower of London.
Central London rents were forecast to plunge by 20% within two years as financial tenants looked to shrink their footprints after the economic crash.
SEGRO was hit hard by the collapse of one of its biggest tenants, the German mail-order company Neckermann.
Orion Capital Managers finalised its £209.5m acquisition of BT’s St Paul’s HQ, after a previous attempted sale to Great Portland Estates had fallen through earlier in the year.
Commercial landlords collected just 18% of rent due on June quarter day.
Evans Randall put the Croydon Park Hotel on the market for £25m.
Starwood Capital and London & Regional snapped up the Cumberland Hotel at London’s Marble Arch, in what was believed to be the largest hotel deal in Europe in 2010.
Seven CVAs put forward by Sir Philip Green’s Arcadia Group were narrowly approved by its landlords.
Savills launched a UK service line to help landlords and owner-occupiers to establish and manage flexible workspace in their buildings.
Online retail giant Amazon launched a requirement for sites for multi-storey fulfilment centres in the West Midlands and the North East.
Westfield bought a second 25% stake in the proposed White City shopping centre in west London from Duelguide, a joint venture between Multiplex and the Reuben Brothers, for £65m.
KanAm Grund Group acquired Standard Life Aberdeen’s HQ in Edinburgh for a price believed to be around £130m.
More than 150 property figures convened at a CBRE Global London event on the eve of London’s mayoral election to discuss the impact of City Hall leadership on commercial property.
The British Property Federation (BPF) criticised House of Fraser for failing to discuss restructuring plans with landlords before they were announced by then Chinese owner Nanjing Cenbest.
Leeds City Council unanimously backed developer CEG’s plans to create a £350m mixed-use scheme on an 8.69- acre South Bank site in the city.
Property Week revealed Landsec was working up plans to launch its own flexible workspace brand headed by its investment director Oliver Knight due to the sector’s growing popularity.
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