In the news this morning, read EG’s take on the closure of all House of Fraser stores across intu’s portfolio. This decision is also covered by the broadsheets, as is Debenhams’ falling share price, and British Land’s results reflecting its own retail woes.
Also from EG, London mayor Sadiq Khan has weighed in on the Earl’s Court regeneration plans calling for more affordable housing under any new plans put forward by Capital & Counties.
Elsewhere, you can read about Wagamama wobbles and bumper Ikea real estate investment plans.
NEWS ROUND-UP: Inside the biggest commercial project in America
Khan weighs in on contentious Earls Court scheme
House of Fraser to close all intu stores
Palmer and Wrenbridge to sell Unilever’s Colworth base for £66m
Hundreds of jobs to go as stores crisis deepens
London bucks the trend of house price growth
Grainger takes grip on venture in £400m deal
Eastern promise is boost for flexible Workspace
British Land laid low by high street woes
Grizzly bares teeth on Wagamama deal
Ikea plans €5.8bn real estate investment