Performance data: On the whole, it was another difficult quarter for the property sector as the impact of the coronavirus pandemic continued to be felt. Retail, leisure and hospitality sectors are still reeling from the initial lockdown and fresh restrictions are now taking their toll on these companies’ ability to pay rent.
Corporate activity: A total of £237.5m was raised by property companies during the quarter, with a further £200m already raised in October and a new issue that raised £240.5m in an initial public offering (IPO). There were also a number of major appointments in the property sector during the quarter.
Major news stories: Some significant portfolio sales and acquisitions dominated the news.
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