Clothes rail in modern store. Photo by Artificial Photography on Unsplash

Commercial property outlook: retail, from despair to where?

Much as COVID-19 impacts the most vulnerable, in a cruel twist of fate drastic measures to contain the pandemic will have serious consequences for the UK’s already beleaguered retail sector. Here we examine the fallout and consider what accelerated change could mean for the future of our town centres. EARLY COSTS OF COVID-19 According to the Office for National Statistics (ONS), the enforced closure of non-essential retail on 23rd March 2020 prompted the sharpest month-on-month fall in retail sales values on record, down 5.7% from February and 6.0% year-on-year. With…

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Artist's impression of what the drive-in concerts could look like. CREDIT: DRIVE IN ENTERTAINMENT AUSTRALIA

Drive-in live performances could be part of new normal

As coronavirus restrictions begin to lift and people start returning to life outside their homes, going to a drive-in to see live music or a theatre performance could become part of the new live entertainment scene. Drive-In Entertainment Australia is teaming up with local councils to bring a variety of live performances to drive-ins, with non-contact ticketing achieved through the use of electronic devices and manual scanning. “If it can go on a stage, it can go on our stage, said Samwise Holmes, Drive-In’s managing director. “It could be ballet,…

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Server with surgical mask. Photo by David Emrich on Unsplash

UKHospitality launches industry roadmap for safe reopening

UKHospitality has called on government to support a safe and sustainable reopening for restaurants, pubs and hotels this summer through its #Fair4Hospitality campaign. Launched today, the campaign covers four key areas: Wellbeing: Endorse the sector’s best-practice protocols and risk assessments for a Covid-secure restart; Workers: Ensure the furlough scheme is retained at full rate for hospitality until businesses successfully restart; Communities: Regulate to provide a ‘National Time Out’ on rent payments for the remainder of the year and a solution to address debt and costs for business; Consumers: Cut the…

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