MORNING NEWS: Silvertown schemes and shareholder pleas

Hot off the press from EG this morning, a story revealing the GLA and Quintain’s former chief executive are teaming up on a new London project. Click here for full details on the partner’s plans for the scheme which is set to dwarf near-by developments in Newham. Also today, reports of yesterday’s shareholder revolt at Persimmon’s AGM and a record breaking Q1 for London office transactions. NEWS ROUND-UP: Why are London office rents rising? Intu puts up no fight as Hammerson backs away from merger Whitbread finally agrees to break up and sell the coffee Record breaking Q1 for London office transactions GLA and ex-Quintain chief plan 7,000-home Royal Docks scheme Lord’s land deal comes with one big catch Persimmon investors stage revolt over bosses’ excessive pay Nobu Hotel owner secures £68.5m refinancing PRS drives 40% rise in specialist investment Help-to-buy agency writes down loan on flat over Grenfell-style cladding Millennials don’t need living rooms