All Property articles – Page 6
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NewsDeliveroo releases restaurant recovery guidance
Deliveroo has brought together legal, property and restaurant industry specialists in a new initiative to support restaurants in the recovery period.
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InterviewsPizza Express MD Zoe Bowley: Shared rent burden a ‘sensible short-term solution’
A three-way shared rent payment would be a “sensible route in the short term”, Pizza Express managing director Zoe Bowley has said.
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NewsTed Schama: A war cry for reinforcements
Hooray, hospitality will be reopening in July. The nation can rejoice.
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NewsUKH: ‘Rent issue to be tackled imminently’
Government support on rent is expected to be discussed and finalised in the next couple of weeks, and a debt enforcement moratorium to be introduced imminently, MCA’s The Conversation has heard.
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NewsHall & Woodhouse extends rent cancellation period
Pub company Hall & Woodhouse has extended its rent and service charge cancellation period for its business partner estate.
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NewsShelley Sandzer: A bright future in the ‘burbs?
The Covid-19 lockdown has forced a massive change in working practices for everyone. Whether we like it or not, we have had to make working from home produce results. We have all had to make it work. And with many predicting social distancing measures lasting for 12 months, we are looking at a new way of life for millions of workers across the country.
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NewsDowney’s nine-month rent time out proposal to be submitted to Government
Jonathan Downey, founder of Hospitality Union, is to submit a formal proposal to the Treasury next week for a nine-month rent-free period for hospitality, leisure and retail businesses forced to close because of the coronavirus pandemic.
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NewsShelley Sandzer: Recalibrate to rejuvenate
Even before Covid-19 affected us all, rent and rates liabilities were dangerously high for F&B operators and there had already been some casualties. The Living Wage and Minimum Wage were adding further pressure too, so when coronavirus hit like a metaphorical stop button, the impact of these issues accelerated exponentially, creating a perfect storm of pain felt by everyone in the industry.
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NewsDCL: ‘Lots of activity’ in property post-lockdown
Property deals are expected to ramp up again in the immediate aftermath of the lockdown being lifted, Trevor Watson of David Coffer Lyons has said.
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NewsFCA warns insurers ‘settle claims or explain’
The Financial Conduct Authority has warned insurance company bosses to speed up and settle coronavirus-related claims or explain themselves to the regulator.
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NewsThe Conversation: with Street Feast CEO Jonathan Downey
In the latest edition of MCA’s new virtual event, The Conversation, former corporate lawyer and current Street Feast CEO Jonathan Downey discuss the impact of coronavirus on our sector, what’s been achieved, and what we are looking for next.
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NewsCommercial landlords call for flexibility from lenders
London’s biggest property owners have called for more flexibility from banks and lenders as tenants fail to pay their rent during the pandemic, The Times reports.
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NewsEi and Punch extend rent deferral
Ei Group and Punch Pubs are the latest pub companies to extend the deferral of rent and other payments as the coronavirus pandemic continues.
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NewsUKH calls on Government to protect businesses against “punitive” landlord sanctions
Hospitality businesses need urgent support to protect them from punitive legal sanctions from commercial landlords, UK Hospitality has informed the Government.
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NewsLandsec allocates £15m to F&B rent relief
Land Securities has set up a rent relief support fund of £80m, with a particular focus on F&B operators and SMEs.
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NewsLandlords threaten winding up orders over unpaid rent
UK landlords are threatening legal action against hospitality operators after many withheld rent to preserve cash during the lockdown, the Financial Times reports.
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NewsHammerson collects 37% of billed rent
Hammerson, the property and development company, has received 37% of UK rent billed as of the end of 27 March.
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NewsBritish Land releases small tenants from rental obligations
British Land has released its smaller retail, food & beverage and leisure tenants from their rental obligations for three months (April to June).
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NewsBoxpark: 'You can't sit in your ivory tower and collect your cheque'
Boxpark CEO Roger Wade has said that to ensure SME’s survive the coronavirus lockdown, landlords must work together with tenants and make sacrifices.
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NewsShaftesbury: Supporting tenants the ‘right thing to do’
Shaftesbury, the West End landlord, is supporting tenants with rent deferral, to help ease their short-term cash flow issues so they can resume trading once the current restrictions are lifted.