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February 2, 2021

EXCLUSIVE: Distress Comes To Student Sector As Two Schemes Go Into Administration

[Digital Summit] Blackstone, BioMed Realty & CUHP talk drivers attracting investors & lenders to life sciences 11 February

Companies that own two student accommodation schemes once valued at £35M have been put into administration as pressure mounts on owners and operators in a sector hit by the coronavirus pandemic.

Administrators from David Rubin & Partners have been appointed to companies that own two schemes totalling more than 600 rooms in Luton, Bisnow can reveal. They are the first significant schemes to go into administration or receivership since the beginning of the pandemic.

EXCLUSIVE: Distress Comes To Student Sector As 2 Schemes Go Into Administration

The student accommodation sector has seen income take a hit as a result of lockdowns, with many operators having to return rent to students who could not take up their places in the 2020 and 2021 academic years. Cushman &…

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Is The Best-Located Shop In Britain Worth £500M?

Is The Best-Located Shop In Britain Worth £500M?  

The flagship store of Topshop on the Oxford Circus crossroads is one of the most famous and best located shops in Britain. So how much is it worth in the current market?

In the wake of the retailer’s collapse at the end of last year, that is the question being pondered by one of the world’s biggest investment managers and staff of Topshop’s parent company who have savings in the company’s pension scheme.

A new report from administrators gives an insight into the financials behind the 165K SF block at 214 Oxford Street, and what the plans are for it in the coming months. 

UK retail giant Arcadia went into administration in December, and partners at Deloitte were appointed to oversee the company as the impact of COVID-19 further exacerbated trading that had been weak for some years. The company…

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Bandwidth Could Be The Differentiator For Flexible Space Operators Post-COVID

PRESENTED BY:   Yardi UK
 
Bandwidth Could Be The Differentiator For Flexible Space Operators Post-COVID  

We are going to return to the office one day. But the way we work will have changed and, as a result, the office might not be ready to handle us. Zoom, Teams and other online meeting platforms will put more pressure on IT infrastructure than ever before.  “I absolutely…

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The World’s Largest Investors Are Going Big On Green Debt As Demand Grows

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Some of the world’s biggest investors are tapping into the growing demand for “green” real estate loans, an area where there is growing demand from both the buyers of real estate and the debt providers that fund purchases. In the past two weeks alone, three new debt packages focussing on…

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CBRE Fund Buys … Wait, What, A Swedish Bus Company?

CBRE Fund Buys … Wait, What, A Swedish Bus Company?  

A fund managed by a division of CBRE has bought a Swedish regional and school bus operator in a deal that may seem odd to traditional real estate folk, but which highlights how the broker is diversifying in line with the needs of the world’s biggest…

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Going to regret those draws... mike.phillips@bisnow.com
 
 
       
 
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