WeWork slashes £320m of UK leases as it slams brakes on expansion
The office rental company is trying to cut costs after its total UK lease liabilities swelled to £4.2bn in 2019
Property and construction industry
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Grand Design's Kevin McCloud: 'Renovators have found new ways of being resourceful this year'
The self-builders featured in the new series of Grand Designs have faced unprecedented challenges this year – and so has its host
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Life in the office yet with London poised for wave of overseas cash
Trophy assets like the 'Scalpel' skyscraper are likely to fall into overseas hands as buyers eye property in the capital
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Questor: shortage of supply gives this property fund the whip hand – good news for our income
Questor Income Portfolio: Urban Logistics Reit can pick and choose its tenants, so our income derives from retailers such as Amazon
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House prices peak but beware the slide of March
The post-Covid property frenzy has taken the market by surprise but experts fear the hangover is just months away
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Tory MPs threaten to rebel over controversial planning reforms
The proposals have already faced fierce opposition, and now a poll has found more than half of Conservative backbenchers could oppose them
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Tory MPs call for social housing boost in spending review
Signatories to letter include David Davis and Damian Green, who says social housing can be a springboard for success
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Exodus of London office workers is 'nonsense', Great Portland boss says
The FTSE 250 landlord says activity in the central London market is 'close to historical lows'
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Landsec’s plan to double down on London confounds apocalyptic visions
With London a ghost-town the landlord has been battered but boss’s focus on high-quality space could turn its fortunes around
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Persimmon rewards investors as housing sales surge
The house builder reported average weekly sales were 38pc higher than 2019
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Rival Countrywide bid is a no-brainer for long-suffering shareholders
Investors must decide whether to stick with the lower bid from Alchemy, or take the money and run with Connells' superior offer
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Shares in Countrywide soar on takeover talks with Connells
It comes months after LSL scrapped plans for an all-share merger with Countrywide
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PwC vows not to close any offices despite rise of home-working
Chairman Kevin Ellis insists the office will remain a key part of working life
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Building 22 Bishopsgate isn’t a mistake, says Axa real estate boss
Isabelle Scemama, chief executive of Axa IM Alt, insists the 62-storey City building is an ideal asset to have in a crisis
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Lone Star swoops on retirement housebuilder McCarthy & Stone
Investors at the Bournemouth-based company have been offered 115p per share by the fund
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Bellway banks on housing market rebound after Covid hammers profits
Housebuilder also hit with a £46.8m charge to meet new fire and safety regulations in the wake of the Grenfell disaster
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How 3D printed homes could solve Britain's housing crisis
Councillors are increasingly interested in the technology which can construct houses within as little as a day
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Google in talks to buy £750m London office complex
The US technology company already lets a large proportion of the office complex in Holborn
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Barratt calls for stamp duty reform
Housebuilder says sales rose by a quarter to 4,032 homes between July and mid-October
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Just a quarter of office workers back at their desks, says London landlord
Great Portland Estates reports that rent collection from tenants in the hospitality sector plunged in the three months to September
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Ministers failing to wrestle housing realities
It would be hard to design a system more stacked against ordinary people trying to buy a reasonably priced home
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Why the Government's proposed planning reforms are catastrophic for areas of natural beauty
The binding local house building targets proposed could also worsen existing problems
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British Land resumes dividend
The commercial landlord reported an improvement in retail footfall, but its offices are still mostly empty
