Housing

Workspace Group profit tumbles as business braces for Covid-19 impact Workspace Group saw its pre-tax profit slashed by almost half in its most recent financial year, in which uncertainty around Brexit and the general election took its toll on the business.
Stocktons appoints consultants for showroom redevelopment Renowned Manchester furniture store Stocktons has appointed McLoone Property and Ken Bishop Consulting to redevelop its 50,000 sq ft retail showroom.
BidX1 raises £4.5m at latest auction BidX1 raised a total of £4.5m at its auction this week – selling 84% of its 36-lot catalogue.
Allsop unveils catalogue for June commercial auction Allsop has unveiled a 62-lot catalogue for its next commercial sale, with 14 lots being offered with a guide price above £1m.
Victoria’s Secret hires Deloitte to advise on ‘light touch’ administration Lingerie retailer Victoria’s Secret has appointed Deloitte to navigate it through a ‘light touch’ administration.
EMEA occupiers eyeing smart building technology, survey finds Around 88% of EMEA occupiers plan to increase investment in technology to support them in working from home, according to CBRE’s 2020 EMEA Flash Survey.
A strategic approach is vital to make the Oxford-Cambridge Arc succeed The Oxford-Cambridge Arc will need between 15m sq ft and 20m sq ft of new lab and office space to accommodate the next 20 years of economic growth, according to Bidwells.
Amazon accounts for 23% of shed take-up in the industrial sector The online giant has taken 3.15m sq ft of 13.5m sq ft total UK take-up in the year to date.
Proptech firm Oparo raises £73m Property and computer tech investor Oparo has raised £73m in its inaugural fund raising.
FORE sets target to be carbon neutral by 2025 FORE Partnership has committed to becoming a net-zero-carbon business by 2025.
Stock market summary: 4 June Shaftesbury Group and Capital and Counties continued to enjoy gains in their share prices today in the week that Capco confirmed it is snapping up a stake in its fellow West End landlord.

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