Piers Wehner
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MORNING NEWS: Local elections put political focus on housing
Plus flex occupancy reaches record levels and Wellcome approves £1bn Hinxton funding
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M&G’s Upton joins Urban Logistics REIT
Justin Upton will be the REIT’s new CIO
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Labour plans crackdown on overseas investment in property
Stamp duty could rise for foreign buyers under a Labour government, with sales restricted
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PM convenes cabinet over housing criticism
The party’s split over housing policy has become more pronounced after last week’s local election defeat
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Interest rates to rise and rise
Bank of England is expected to hike rates to 4.5% on Thursday; Goldman Sachs says 5% likely by August
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Brookfield power deal puts wind in Canary Wharf’s sails
From 2026 two-thirds of the estate’s electricity will come from a wind farm in Scotland
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Board bust-up adds to Vistry’s woes
SID Ashley Steel quit after a bust up with Inclusive Capital’s Jeff Ubben
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Prezzo’s landlords owed £32m
The restaurant chain faces liabilities of £70m after closing 47 sites last month
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Mango has ‘great expansion plans for UK’
The fashion retailer will open 13 stores this year, but wants a lot more
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More public figures oppose Liverpool Street Station redevelopment
Stephen Fry and Tracey Emin have joined opponents of Sellar and Network Rail’s £1.5bn scheme
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MORNING NEWS: Selling Home?
Plus – Cathedral’s £150m Brighton scheme and Bruntwood SciTech’s green funds
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Home REIT to sell assets to ‘stabilise’ business
Six firms have offered to take over as investment advisor