Avison Young loses over £100m for a second year as more jobs cut Property More than £100m has been lost for a second consecutive year by the UK and European arm of global commercial real estate services firm Avison Young as it continued to cut jobs, it has been revealed. The Birmingham-headquartered division has reported a pre-tax loss of £101.8m for 2024, having posted the same total for 2023. [...]
Derwent: Return to office mandates boost London landlord Property Ongoing high demand for central London offices, combined with low supply of best-in-class space, has boosted real estate investment trust (REIT) Derwent in the first quarter of the year. Derwent said leasing activity in the year to date totalled £2.7m, with a further £3.7m of rent under offer. Open market lettings ticked up by 2.7 [...]