PropertyLaw.guru Blog

EG 09-05-20

Lots of articles on predictions for the future with covid, some saying its a buying opportunity as interest rates are low, predictions of  rents falling next year by 20+%, and problems with with the flexible space market being at 20% occupancy, plus businesses rethinking their office needs with the success of home working being apparent,  plus the problems of going back to work in an office
Read more ...

EG 02-05-20

More coronavirus market news and predictions of a radical change in the attitude to work - more working from home, less need for offices and the death of the co-working shared office space market (until a vaccine is found)p.34 What will courts and tribunals do post covid? Since mi-march virtually all civil hearings have been heard by video or telephone. However the litigation system lives and breathes
Read more ...

EG 25-04-21

P.17 Landlords blast exploitative retailers who aren’t paying their rent, such as Boots, and are seeking rent and service charge reductions, despite reporting big profits and dividends to shareholders. Some landlords are submitting winding up petitions as they can’t take forfeiture proceedings. But last week the Government banned that too….Hospitality tenants like Burger King and others are seeking
Read more ...

EG 18-04-20

EG18-04-20Lots of CV articles and the effects on the property market. The Editor feels is its set to cause a depth of recession not seen since the 1930s, and dwarfing the global financial crisis 12 years ago.But we have more data, more history and more lessons to take onboard to help us survive..However, the property industry enters the recession with far better balance sheets than at the start of
Read more ...

EG 11-4-20

Online only version of EG - get it from the app using your subscriber ref on the rear cover of your last one (the last number)Obviously CV is the big one, with points ranging from it being the most severe employment crisis since WW2, the effect on tenants and landlords, the collapse of the housing market, pKnight Frank predicts house prices will drop by 3% in 2020 and pick up in 2021 with 5% growth.
Read more ...

EG 04-04-20

Coronavirus Many developers, agencies and property companies  are furloughing employees, and some are making redundancies, with viewings and inspections non-existent, sellers are considering delaying everything for 3 months. The transactional market is largely frozen. Tenants with lease expiries may decide to postpone office moves and instead seek a short extension from their current landlord.,
Read more ...

EG 28-03-20

Coronavirus special?Newsp.15 The eviction moratorium - given a lot of the £2.5 BILLION of rent that should have been paid on the quarter day, 25th March, probably wasn’t! Meaning landlords of shopping centres, like Intu, already suffering want the government to support them as well as they can’t pay their mortgage debt payments! And also, the knock on effect is that the pension funds
Read more ...

EG 21-03-20

P.17 Coronavirus pushes retail landlords to the edge..Given the drop in retail sales generally, the virus and the lockdown means many tenants will go out of business or will demand rent reductions from landlords, meaning landlords cant pay their mortgages…can government bail everyone out - and what about the banks?p.26 interviews with women on the EG future female leaders programme. Good bit of motivational
Read more ...

EG 14-03-20

NewsBudget of course - abolish rates for RVs less than £51k, though most retailers wanted a higher thresholdBirmingham - office out, resi in - sites earmarked for office in the centre are now pushing for a residential & build for rent use!. A ‘wall of money’ from investors awaits such schemesLegalp.171 A second brilliant MEES article that is a must read showing with practical examples what
Read more ...

EG 7-3-20

New slimmer EG with more compact layout!News storiesp.31 Big one is the possible insolvency of Intu (which runs many big shopping centres like Merry Hill in Birmingham and the Trafford Centre as it is sitting on £4.7 billion of debt! Its not just retailers that are under pressure, but their landlords are too.p.39 Average planning decision wait is  257 days - something to take into account when
Read more ...
RSS Feed 

This site uses cookies. But unlike WhatsApp, Facebook and the rest we don't trawl your phone and PC for your personal data and sell it to advertisers!