The Business Times
business-time-50

UK commercial real estate looking to cut debt

Pandemic is also forcing businesses to make structural shifts

google-preferred-sourceAdd BT as a preferred source
Published Sun, Jan 10, 2021 · 09:50 PM

    London

    BRITISH commercial property companies are looking to reduce their debt and be flexible as the real estate market is predicted to take up to two years to recover from the economic downturn.

    Reports by property consultant CBRE and agents Knight Frank and Cluttons state that the renewed restrictive lockdown in the UK, due to the coronavirus pandemic, has placed even more pressure on retail properties in the high streets.

    Property investmentUK economy

    TRENDING NOW

    In 2027, the combined maximum incentives for EV cars will be lowered to S$20,000 from S$30,000 currently.

    Changes to EV incentives, uncertainty over COE framework drive Category A premium to a new high in ‘re-run of 2025 mania’

    In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.

    Employers want AI-fluent employees. Hiring them is the challenge

    Employees may grumble about long hours, difficult clients or demanding deadlines, but often the biggest push factor is how they are treated.

    What makes a good job? Feeling that you matter

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More