British Property Federation
This coverage examines the British Property Federation’s role and influence on the UK retail property market, offering insights for executives, managers, and industry professionals. Reporting includes policy advocacy, research findings, regulatory developments, and initiatives impacting retail property, regeneration, and investment. The analysis helps professionals understand how the Federation shapes the retail property landscape and supports business decision-making.
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May- 2020 -1 MayBusiness Bites
Are we beginning to re-open anyway?
The PM says he will soon announce the reopening plan after weeks of compulsory lockdown for the UKs public and its businesses. Boris Johnson is under pressure to come up with the blueprint for restarting the economy as the list of suffering firms grows larger and more and more redundancies…
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Dec- 2018 -4 DecemberAdvice
Are CVAs still fit for purpose?
In 2018, we have seen a number of high-profile retail restructurings and common to many is the use of a Company Voluntary Arrangement (CVA). After much press comment, which tended to focus on the plight of landlords, R3, the Association of Business Recovery Professionals, produced a report in May 2018…
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Sep- 2018 -7 SeptemberHigh Street
Booksellers Association tells Amazon to ‘pay a proper share of taxation’
The Booksellers Association (BA) has called for Amazon and other online retailers to be given a taxation overhaul, after it claimed “bookshops have closed because of Amazon”. MPs were warned by the association that Amazon was “putting numerous competitors out of business” and demanded “large scale internet retailers pay a…
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Aug- 2018 -21 AugustHigh Street
Office Outlet announces CVA proposal
Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part of its ongoing turnaround strategy. The retail chain formerly known as Staples has spent the last two years performing an operational restructuring which it said has “significantly improved” its store…
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20 AugustHigh Street
Office Outlet to ask for three-year rent-free period in CVA
Stationery retail chain Office Outlet is expected to make a Company Voluntary Agreement (CVA) announcement today (Monday 18 August) in which it may seek a three-year rent-free period for its stores. The Sunday Times reported that Deloitte would be handling the company’s impending CVA and 20 of its stores may…
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Jun- 2018 -22 JuneHigh Street
Colliers proposes new property leasing approach to target UK retail troubles
A “radical approach” to property leasing is being proposed to help shopping environments throughout the UK by property consultants Colliers International . The five-point plan is aimed at helping retailers access viable trading space while enabling retailers, landlords and investors to find occupiers for the rising amount of empty shops…
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8 JuneGovernment
Retailers ‘mis-using’ CVA rent reductions, say landlords
Real estate association, the British Property Federation (BPF), believe that retailers have been “mis-using” the CVA process to lower the price of rent. Following the recent upsurge in CVAs, the organisation has called on the government to conduct an “urgent review”. The concerns follow the announcement that House of Fraser,…
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Mar- 2018 -7 MarchClothing & Shoes
New Look announces CVA proposal, 980 staff at risk
Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores, reduce rental costs and potentially make up to 980 staff members redundant. Under the proposal, the fashion retailer has identified 60 out of its total 593 stores in the UK…
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