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Sunday, December 5, 2021
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Slough Borough Council is trying to sell commercial property assets worth £600m after its property investment spree went horribly wrong. The move is part of a rescue plan imposed on it by Government ministers.
Here the claimant in European Real Estate Debt Fund (Cayman) Ltd v Treon & Ors , ERED issued a claim on 16 October 2017, more than six years after the firm’s investment. The defendant’s...
When all 106 of its stores closed in 2018 it was thought that it was the end of the toy chain in the UK. But following a successful bounce back in Canada, Australia and New Zealand, the...
National property consultancy Vail Williams, has issued a warning “call to arms” over the energy efficient energy standards of buildings in the capital. Too much complacency Many small to medium enterprises...
The CBI and 40 industry trade associations have issued a statement calling on the Chancellor to consider sweeping reforms of the business rates system in the forthcoming Budget later this month, emphasising the urgency of reform.
Commercial real estate is in trouble, there is no doubt about that. What shops are letting are attracting rents of as low as 50 per cent of what they were pre pandemic. Office space is being reduced...
The so called Pandora Papers is a financial services leak of nearly 12 million documents that reveal an international treasure trove of hidden wealth, tax avoidance and money laundering, by some of the world's richest individuals.
According to RetailSector.co.uk a return to offices is seeing a boost in activity with footfall in central London and other UK large city centres outside rising by around 6.5 per cent. In some parts of central London...
Climate risk adds a new dimension to growing commercial risk when it comes to flooding of commercial premises. More heavy summer downpours with flash floods are putting business operations at risk across the UK, with all the...
Demand for commercial space is growing at the fastest rate in five years according to a recent RICS report. The report says that industrial space is leading the charge, demonstrating healthy demand throughout the pandemic, with office...