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The UK Commercial Rent (Coronavirus) Bill was published on 9 November 2021 and has been attracting a large amount of commentary ever since.
In our earlier updates on this subject we reported that the UK Government was planning to introduce a compulsory arbitration scheme to deal with arrears of rent that fell due during the COVID-19 pandemic. Those plans took a step closer to becoming reality on 4 August 2021, following the release of a full policy statement from the Government, confirming its intention to legislate for the scheme
A summary of recent developments in the real estate sector impacted by COVID-19 including landlord and tenant impacts and the future of the workspace, the implications of the increasing use of drones, and the impact of Japanese knotweed in UK property transactions.
Chancellor Rishi Sunak MP delivered his second budget yesterday which predominantly focused on maintaining, extending and creating new COVID-19 measures. This budget was a response to the pandemic first and foremost and, on that front, it more than delivered. Here, our commercial experts provide an overview of what the measures mean to businesses in a number of critical areas.
Kennedys has hired Amanda Hanmore as its new UK Head of Real Estate and Construction, as it targets further growth in this sector. Amanda is joining Kennedys from Trowers & Hamlins, where she headed the Birmingham real estate department.