By Viv Watts, co-founder of AGO Hotels Long-term leases are a vital cornerstone of the commercial property market, and by extension the entire UK economy. The commercial property sector underpins our national pensions and insurance industries, supporting thousands of jobs and providing a safety net for millions of everyday savers and investors. In the wake […] The post Guest Blog: A New Approach to Commercial Leases is Overdue appeared first on PropertyWire.

Construction output in the UK jumped 5.8 per cent in March, more than the double of the country’s GDP growth in the same period, according to the latest data release from the Office for National Statistics. The figures, which were released yesterday, show that GDP grew by 2.1 per cent in March, which was the […] The post UK Construction Output Growth Far Outstrips GDP Bump appeared first on PropertyWire.

COIMA has said that it intends to launch three new thematic investment vehicles in the next 18 months, and plans to invest up to €5bn in urban regeneration projects over the coming five years. COIMA will launch an evergreen fund with a focus on prime assets and a develop-to-core strategy, with an investment target of €2bn […] The post COIMA to Launch Three New Funds and Invest Up To €5bn appeared first on PropertyWire.

May 13, 2021 6:00 AMA selection of news stories that happened overnight, May 13, 2021.

May 13, 2021 5:55 AMHowever, Mr Biden did not explain the reasons behind his optimism.

May 13, 2021 4:38 AMWASHINGTON (REUTERS) - US states are set to begin using the Pfizer-BioNTech vaccine to inoculate younger adolescents against Covid-19 after advisers to the US Centres for Disease Control and Prevention (CDC) backed the plan in a unanimous vote on Wednesday (May 12).

May 13, 2021 3:57 AMMany countries, especially India, are experiencing shortages of shots.

May 13, 2021 1:35 AMNEW YORK (REUTERS) - The United States, Germany and Britain clashed with China at the United Nations on Wednesday (May 12) over the treatment of Uighur Muslims in Xinjiang, angering Beijing by hosting a virtual event that China had lobbied UN member states to stay away from.

May 13, 2021 2:05 AMROME (REUTERS) - Former French Open champion Simona Halep retired from her Italian Open second-round match against Angelique Kerber on Wednesday (May 12) with a calf injury, raising doubts over her participation at Roland Garros.

May 12, 2021 11:23 PMMFA has strongly advised Singaporeans in Israel to stay indoors as far as possible and avoid unnecessary travel.