In the news this morning, Knight Frank’s annual results are out with the partnership posting double digit growth in both profits and revenue. Get EG’s take here, and an overview from the broadsheets here.
Also this morning, EG fills you in on how London ranks in this year’s Cushman & Wakefield Winning in Growth Cities report via this dispatch from Expo Real 2018.
Elsewhere, the FT reports that UK landlords are struggling to offload billions of pounds’ worth of shopping centres and retail parks – putting the figure between £2.5bn and £5bn – as the crisis in bricks-and-mortar retail ripples into the property sector.
Five things you might have missed last week
Knight Frank toasts record regional performance
London grows to third-largest investment market
Cash and great connections on offer in the EG Tech Academy
Landlords struggle to offload billions in UK retail property
French Connection hoists for sale sign
Knight Frank partners bring home record profit
Treasury weighs up tax break for landlords who sell to generation rent
Amazon scours high street to open shops
Hedgies prepare builder Avant Homes for £600m sale
Tech giants and foreign investors keep London’s office boom alive