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Man with finance numbers

Market wrap: Cineworld dives 15% after £1.3bn Covid losses

The cinema chain revealed a £1.3bn loss in the period as a result of coronavirus lockdown

Government replaces furlough scheme with wage subsidy

The government has also extended the 15% VAT cut for the tourism and hospitality sectors

Singapore’s Elite snaps up UK government-let properties

The private equity real estate firm bought the properties for around £70m

QIP launches £30m PBSA fund to tap post-Covid growth

The fund is targeting a net return of 13-15% per annum over a four-year investment period

Agents strike out solo as job cuts bite

With hundreds of roles lost in the big agencies, some directors are taking control of their destiny

Work from home, PM tells country

Change of guidance comes as part of efforts to slow the spread of Covid-19

Duo of deals gives Stenprop a multilet lift

Company’s MLI portfolio passes 5m sq ft with latest acquisitions

EG launches student content platform

Evolve & Grow is a new content platform designed to support those developing a career in real estate

Town Centre Securities sells four retail assets

Town Centre Securities has sold four retail properties across Scotland and London for £35.2m

Getting back to work for workers

Our buildings are becoming more sustainable but our people are not, warns Centric Labs’ Josh Artus

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