All Property articles
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NewsShepherd Neame CEO Jonathan Neame: Sticking to the extremities of the rent debate won’t help anyone
Landlords and operators “sticking to the extremities” of the rent debate are only prohibiting their chances of finding a viable solution, Shepherd Neame CEO Jonathan Neame has said.
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News
British Land agrees £3m in rent waivers
British Land has agreed £3m worth of rental waivers for the June quarter, on top of £2m for the March quarter, primarily for smaller, independent F&B operators.
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Interviews
Boxpark founder Roger Wade: ‘The rent code of practice isn’t worth the paper it’s written on’
After three months of forced closure, to say that a confirmed industry reopening date is a relief would be a severe understatement. But for Boxpark founder Roger Wade, without a resolution on rent, for many operators this relief could be painfully short-lived.
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News
UK Hospitality CEO Kate Nicholls: Rent code the start not the end
Following the publication of the government’s voluntary rent code of practice last week – considered as little more than a token gesture by many – UK Hospitality CEO Kate Nicholls has reassured operators that the code is just the starting point for further rent support.
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News
‘The model is broken’: solving the leasing question
Throughout lockdown, it has been easy to cast commercial landlords as the big bad wolf.
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Interviews
Chop’d MD Eddie Holmes: We can’t open without rent solution
Whether it be the end of June, the beginning of July, or tomorrow, for Chop’d managing director Eddie Holmes, the government’s proposed hospitality reopening date is irrelevant. For Holmes, it’s not a question of when, but how, and without a workable solution to the rent issue, the 14 Chop’d sites across the UK won’t be opening any time soon.
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News
UKH urges PM to help tackle £1.4bn industry rent bill
UK Hospitality has urged the Government to help the industry tackle a £1.4bn rent bill and aid the survival of thousands of businesses.
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Downey proposes revised 12-month rent free plan to chancellor
Jonathan Downey has written a second letter to the chancellor Rishi Sunak with a new national time out rent proposal.
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News
Deliveroo releases restaurant recovery guidance
Deliveroo has brought together legal, property and restaurant industry specialists in a new initiative to support restaurants in the recovery period.
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Interviews
Pizza Express MD Zoe Bowley: Shared rent burden a ‘sensible short-term solution’
A three-way shared rent payment would be a “sensible route in the short term”, Pizza Express managing director Zoe Bowley has said.
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Ted Schama: A war cry for reinforcements
Hooray, hospitality will be reopening in July. The nation can rejoice.
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UKH: ‘Rent issue to be tackled imminently’
Government support on rent is expected to be discussed and finalised in the next couple of weeks, and a debt enforcement moratorium to be introduced imminently, MCA’s The Conversation has heard.
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News
Hall & Woodhouse extends rent cancellation period
Pub company Hall & Woodhouse has extended its rent and service charge cancellation period for its business partner estate.
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News
Shelley Sandzer: A bright future in the ‘burbs?
The Covid-19 lockdown has forced a massive change in working practices for everyone. Whether we like it or not, we have had to make working from home produce results. We have all had to make it work. And with many predicting social distancing measures lasting for 12 months, we are looking at a new way of life for millions of workers across the country.
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News
Downey’s nine-month rent time out proposal to be submitted to Government
Jonathan Downey, founder of Hospitality Union, is to submit a formal proposal to the Treasury next week for a nine-month rent-free period for hospitality, leisure and retail businesses forced to close because of the coronavirus pandemic.
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News
Shelley Sandzer: Recalibrate to rejuvenate
Even before Covid-19 affected us all, rent and rates liabilities were dangerously high for F&B operators and there had already been some casualties. The Living Wage and Minimum Wage were adding further pressure too, so when coronavirus hit like a metaphorical stop button, the impact of these issues accelerated exponentially, creating a perfect storm of pain felt by everyone in the industry.
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News
DCL: ‘Lots of activity’ in property post-lockdown
Property deals are expected to ramp up again in the immediate aftermath of the lockdown being lifted, Trevor Watson of David Coffer Lyons has said.
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News
FCA warns insurers ‘settle claims or explain’
The Financial Conduct Authority has warned insurance company bosses to speed up and settle coronavirus-related claims or explain themselves to the regulator.
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News
The Conversation: with Street Feast CEO Jonathan Downey
In the latest edition of MCA’s new virtual event, The Conversation, former corporate lawyer and current Street Feast CEO Jonathan Downey discuss the impact of coronavirus on our sector, what’s been achieved, and what we are looking for next.
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News
Commercial landlords call for flexibility from lenders
London’s biggest property owners have called for more flexibility from banks and lenders as tenants fail to pay their rent during the pandemic, The Times reports.
