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...But Gove told the Financial Times he would set out a timeline as soon as next week that would ensure ground rents fell to a nominal level after a period of transition....
...In the deals WeWork has struck with landlords, it has often paid out rent it had previously withheld, creating a cash shortfall....
...He said the business had always planned to leave the apartment, but defaulted on its rent due to the “financial disruption” over the summer....
...Users pay between $94 to $235 a month to rent designer clothes. The business struggled during Covid. Post-pandemic, RTR had to contend with an altered retail landscape....
...The average rent on a newly let property in Greater London stood at £2,315 a month in January, according to Hamptons....
...Plus, the FT’s Kaye Wiggins explains how a Chinese financier is turning small businesses into a data gold mine....
...One of the oldest and best-known hedge fund strategies has suffered nearly $150bn in client withdrawals over the past five years, as investors tire of their inability to capitalise on bull markets or protect...
...A fifth of rented homes in Scotland, the north-west, East Midlands and West Midlands are located in markets where the average rent is £1,000 a month....
...These included freezing rents at current levels, linking the payment to property values, setting a fixed maximum or moving to peppercorn payments....
...Waitrose and John Lewis or its financial services and build-to-rent divisions....
...In the Toronto area, a major hub for newcomers, the average rent for a one-bedroom apartment has jumped C$1,000 in the past decade to C$2,633 a month, according to the Toronto Regional Real Estate Board....
...Rent is going up a bit slower than before, but rents aren’t coming down any time soon,” said Neal Hudson, a housing market expert at Residential Analysts....
...Berenberg analysts estimated Citadel’s headline rent is £98 per sq ft, an increase from previous rents of roughly £70/sq ft in Broadgate, not including an industry-standard rent-free period covering 20 per...
...The chain is seeking rent reductions on 39 of its about 100 UK stores to be able to stay afloat and secure emergency cash, as it tries to return to a “more stable footing”....
...This has grown out of the 1970s call by third world countries for a new international economic order, specifically to direct more resource rents to them — as had already been achieved by Opec....
...Wednesday’s figures identified London as the region with the most expensive rents, at an average of more than £2,000 a month, and the fastest rent rises, at 11.2 per cent a year....
...Wednesday’s ONS statistics identified London as the English region with both the most expensive rent, at an average of over £2,000 a month, and the fastest rises, at 10.6 per cent a year....
...OER tends to lag private indicators of rent — see the chart below. Insurance also operates on rolling contracts....
...UK home rental prices rose at a record pace in the year to March while house prices fell, according to official data on Wednesday that underscores the impact of high borrowing costs on landlords and tenants...
...Mohsin Issa, who has been running Asda but intends to relinquish daily control if a chief executive is found, said Asda was a “powerhouse built on rock-solid foundations”....
...UK rents rose by a record 9 per cent last month, according to the Office for National Statistics....
...The government punished them by abolishing ground rents on new properties. A more prosaic problem is that there may simply be too little capital to fund a big expansion of build-to-rent....
...Rent cap ‘relief’ Aditi Jehangir, secretary of Living Rent, a Scottish tenants’ campaign group, says that, while the rent cap has been a “huge relief” for thousands of tenants, the new measures are necessary...
...Governments are adopting short-term fixes; Germany’s governing SPD is mooting a three-year national rent freeze....
...Rachel Vosper, who rents a two-bedroom house with her daughter near her eponymous candle shop, says her street on the Belgravia borders is also very neighbourly — but the area has changed....
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