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...The company reported increased revenue and record visitor numbers, with 1.3mn people coming to the estate each week on average....
...Both Labour and the ruling Conservatives have pledged to build 1.5mn new homes over five years....
...Record temperatures over the past year have thrust the world into “unknown territory”, the head of the UN’s climate science body said, after the critical benchmark of 1.5C above pre-industrial levels was...
...In Great Britain overall, the average monthly rent stood at £1,200....
...He said the government was “making clear that the new system will not [be] implemented until sufficient progress has been made improving courts”, and that it was putting £1.2mn towards “court digitisation...
...Signa’s total debt — spread across an unconsolidated network of more than 1,000 companies built up over the past decade by Benko — remains unknown, but Stapf’s disclosures will fuel concerns among creditors...
...More than half of rented homes in the UK are in markets with average rents of over £1,000 per month, underlining how high demand among tenants is straining affordability....
...Port Talbot is the UK’s biggest emitter of carbon dioxide; the revamp will reduce total UK emissions by 1.5 per cent. The government is contributing £500mn towards the £1.25bn investment....
...He owns 1.83 per cent of the company, according to FactSet data....
...Excluding London, Bristol had the highest average private rent of £1,734 compared with an average in Great Britain of £1,238....
...The average UK rent has now reached £1,201 a month, £2,049 a month in London, £1,611 in Oxford and £1,565 in Brighton....
...This comes as average UK house prices decreased 0.2 per cent in the year to February to £281,000, having fallen 1.3 per cent in January....
...Between 2006 and 2020, the proportion of city residents who own their home shrank 7.1 percentage points to 53.5 per cent....
...And it is unlikely to be making anything approaching current rents from long-term tenants such as high-end (and LVMH-owned) café Cova....
...Hammerson has been working to repurpose spaces formerly occupied by traditional “anchor tenants” like Debenhams or House of Fraser by breaking up the large units and leasing them to multiple tenants....
...It has investments of about £1.5bn and is always on the hunt for a new moneymaking scheme. Enter Lee Robinson....
...Nairobi has committed to lead the operation by sending 1,000 police officers to Haiti, but has not revealed a timeline for their deployment or published details of the deal....
...Landlords in turn have passed on their higher borrowing costs to tenants....
...Once the tenant leaves, you sell,” said Stuurman....
...Transactions in the first half of the year dropped to £1.9bn, down from £2.5bn a year earlier, according to Cushman & Wakefield data....
...“They are all walking towards an unknown fate, just like we did,” Naser said. “This is like the Nakba, all over again.”...
...Large institutional landlords provided just 1.7 per cent of the UK’s roughly 5mn privately rented homes, Grainger said....
...cap for sitting tenants....
...Under Benko’s direction, the group honed a modus operandi of buying unloved but high-potential properties in city centres, redeveloping them, inviting in ultra-luxury tenants, and then giving them high valuations...
...Policymakers should focus on other solutions, such as ways for tenants to gradually buy equity off their landlords, she adds....
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