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MORNING NEWS: Embassy frontrunner and right-sizing Debenhams

Hot off the press from EG this morning, details of the latest fortress-style embassy planned for London.

If you haven’t clicked already, do so below to find out which site has been selected as the frontrunner by the Chinese government which is looking to consolidate its West End headquarters and five other London offices into a 600,000 sq ft embassy, educational and cultural hub.

Elsewhere, Debenhams shock profit warning gets widely covered, with the FT offering the best take on the implications for the department store’s property portfolio.

China to build London embassy fortress on Royal Mint site

Pollen Estate completes £40m acquisition of Burlington Gate Galleries

Walgreens Boots Alliance profits fall by more than a fifth

A Knightsbridge flat for £10?

Whitbread appoints Adam Crozier as chairman after Richard Baker steps down

Debenhams investors lose sleep over a Christmas nightmare

Aldi bullish on UK expansion after breaking £10bn sales mark

UK shop prices fell in December as retailers felt discount pressure

Will smart money be on a Chinese embassy at the Royal Mint?

Build care homes by schools to mix generations

 

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