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Office vacancies set to soar as major banks retrench

How the pandemic is changing office footprints at some of the UK’s best-known banks

20 Old Bailey, EC4

Metro Bank’s early Old Bailey office exit costs £40m

Bank estimates a £124m impact from Covid-19 pandemic

TCS posts NAV decline

The pandemic continues to dent Town Centre Securities' bottom line

CBRE rebounds in Q4 despite pandemic hit to sales and leasing

Workspace solutions and real estate investment segments offset pandemic’s impact

HSBC Tower © Petr Svarc/imageBROKER/REX/Shutterstock

HSBC to cut 40% of global real estate in major shake-up

Bank’s profits fell by more than one third during Covid year

Springfield sales driven by homebuyer appetite for gardens

Housebuilder enjoys post-lockdown bounce as buyers look for outdoor space

Frasers Group to take further £100m Covid property hit

Mike Ashley’s retailer said the charge was a result of the length of lockdown

Give us more detail on office opening, property bosses tell PM

Boris Johnson’s roadmap out of lockdown is light on back-to-work detail for the office sector

NAV drops as Covid hits Alternative Income

Alternative Income REIT saw almost £10m wiped off its net asset value during the second half of 2020

London Skyline. Photo by Karol Kozlowski/imageBROKER/Shutterstock

London bosses demand emergency funding ahead of unlocking announcement

Property chiefs fear the city could be left behind in "levelling up" agenda

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