Coronavirus

RESEARCH

Over 90 per cent of hospitality operators in the West End now open for business, says Shaftesbury

Over 90 per cent of hospitality operators in the West End now open for business, says Shaftesbury

Shaftesbury, the Real Estate Investment Trust which invests exclusively in the liveliest parts of London's West End, has confirmed that more than 90 per cent of its food & beverage operators have reopened their doors to customers since restrictions eased and indoor dining returned on Monday, 17 May.

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Pandemic has changed the way real estate contracts are drafted and negotiated

Pandemic has changed the way real estate contracts are drafted and negotiated

While California continues to ease restrictions and life gets back to normal, the past year has changed the way real estate transactions will move forward. As a result of lessons learned from the pandemic, leases and purchase and sale contracts include new provisions that are not likely to go away, according to Los Angeles-based law firm Greenberg Glusker.

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Southern California renters are moving to the suburbs post-pandemic, says new study

Southern California renters are moving to the suburbs post-pandemic, says new study

The 2021 University of Southern California Casden Economics Forecast, an annual prediction of future rent and vacancy rates across five SoCal regions, has revealed that a pandemic-driven exodus of renters from downtown could bring the highest rent increases to the suburbs over the next year. It could also lower the price of renting in the densest areas of Los Angeles.