UK student accommodation group Unite said on Thursday that its reservations ahead of the new academic year are at similar levels than in 2019, but warned it could be hurt by virus-enforced travel restrictions reducing numbers of international learners.
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Dutch retail specialist Wereldhave has decided to withdraw the previously announced final dividend for 2019 to retain cash ‘in light of current uncertainties regarding the Covid-19 situation’.
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Global advisory firms Savills and CBRE are to furlough staff in the UK, in response to the impact the coronavirus crisis is having upon the property sector.
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Real estate lender Aareal Bank has announced it is withholding its dividend payment to shareholders upon the advice of the European Central Bank (ECB).
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A hospital and a football stadium in the UK are among the first assets to float on a new stock exchange for individual assets, which has just launched.
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Great Portland Estates said on Friday that it has collected only 63% of quarterly rent, compared to 99% at the same time a year ago.
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BlackRock and Schroders are the latest investment managers to close UK open-ended funds due to valuers caveating 31 March monthly and quarterly reports.
Read moreJapan’s SoftBank Group has walked away from a $3 bn tender offer for WeWork shares citing closing conditions not being met by the April 1 deadline.
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Real estate debt investor BF.capital said on Thursday that it has received a €300 mln investment mandate from an unnamed German insurance company to invest in whole loans with an LTV of up to 80%.
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UK REIT Land Securities said on Thursday that it has established a rent relief support fund of £80 mln (€100 mln) to help its customers most in need, with a particular focus on supporting F&B clients and small and medium sized businesses.
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Stone Estate.Swiss Management, part of the Reech Corporations Group, has appointed Alastair Manning as managing director and head of asset management with immediate effect.
