Month: March 2020

The Royal Institution of Chartered Surveyors (RICS) will be asking the property industry whether the Covid-19 crisis is 'a black swan or a grey rhino event?' at an upcoming webinar on the industry's supreme challenge. 'It goes without saying that this is an unprecedent shock to the economy and that...

The growing number of retailers requesting rent deferrals, rent holidays or with-holding rent will turn attention to the pain landlords are sharing in the coming weeks. According to updates in the past few days, listed retail property landlords are collecting only roughly one-third of rent they would normally expect.The latest...

We have renovated and updated the site to improve your experience, responding to the changing habits of users and the rapid growth of smart phones and tablets. Simply navigate, scroll, swipe and experience the comfort of reading content optimised for your screen. We have also improved the login procedure for...

Timo Tschammler , JLL’s CEO Germany and member of the EMEA Strategy Board, has announced he is leaving the company in favour of ‘a new life chapter’. In an email statement to his business partners, friends and companions, Tschammler  said his operational duty at JLL has come to an end...

We have renovated and updated the site to improve your experience, responding to the changing habits of users and the rapid growth of smart phones and tablets. Simply navigate, scroll, swipe and experience the comfort of reading content optimised for your screen. We have also improved the login procedure for...

UK investor Supermarket Income REIT announced on Friday that it is maintaining its dividend payment as it has received 100% of rents due for the second quarter of the year. In a statement, the supermarket property landlord confirmed that it will pay its third-quarter interim dividend in line with expectations...

Dutch investment firm NSI said on Thursday that it has agreed to issue €40 mln of 10-year unsecured notes to clients of MetLife Investment Management (MIM). The notes are Euro denominated and have a fixed coupon of 1.6%.As a result of this issue, NSI said that it has extended its...

German independent fund manager RLI plans to launch a European last-mile fund later this year, according to managing director Peter Wenzel. ‘We aim to continue to grow in 2020. The fund will invest in city 'last-mile' hubs in the core of Europe, with an absolute focus on Germany. With this...

Property professionals from Greystar, SAY Consulting, deverellsmith, and Be Original have joined forces to create a central register where the real estate industry can pledge support to the UK National Health Service (NHS) and healthcare workers and help them fight Covid-19. The initiative repurposes the Do Some Good platform, which...

Spanish listed property firm Merlin Properties has decided to suspend rent payments for all its retail and hotel occupiers which have been forced to close their doors due to the coronavirus pandemic. Merlin, which owns roughly €12.7 bn of assets, is understood to have started to communicate the decision to tenants...