The Power Balance Is Shifting in Londonâs Commercial Real Estate
An extended winter lockdown has shaken the usual arrangement between landlords and tenants ahead of a government review of leasing legislation.
Soho is typically a bustling neighborhood in central London, but many restaurants and other businesses have gone out of business in the pandemic, leaving landlords with no income.Credit.Suzie Howell for The New York Times
Feb. 9, 2021
LONDON â For years, landlords have had the upper hand in Londonâs real estate market, pushing up rents as businesses clamored for prime locations near offices, tourism hot spots and transport hubs and as the cityâs population grew and grew. Restaurants were often locked into leases with clauses that allowed the rent to only go up. Retailers faced increasingly exorbitant rents.
WINNIPEG A convenience store in Winnipeg’s North End was robbed with the use of a machete, according to the Winnipeg Police Service. Police were called to the incident on Monday around 10:15 p.m. in the 1000 block of McPhillips Street. Officers allege two suspects robbed the store with a machete and then left with the stolen goods. Shortly after the call, police found two male suspects by Redwood Avenue and Sgt. Tommy Prince Street. Officers took these suspects into custody and seized two knives, including a machete. Police noted they also recovered the items believed to have been stolen from the store.
The U.S. retail stock trading phenomenon driven by the WallStreetBets Reddit forum is fuelling a copycat trading boom in Europe, bank and brokerages said.
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HKEX annoints JPMorgan s Nicolas Aguzin as new CEO 09 February 2021
Source: HKEX Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce today (Tuesday) the appointment of Mr Alejandro Nicolas Aguzin (Nicolas Aguzin or Mr Aguzin) as Chief Executive of HKEX, effective 24 May 2021 for a term of three years until 23 May 2024, subject to the approval of the Securities and Futures Commission. Mr Aguzin, subject to such approval, will also become an ex-officio member of the HKEX Board of Directors (the Board) effective 24 May 2021.