Piers Wehner
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Fewer than one in 10 portfolios will be net zero by 2050, say asset managers
Survey also raises doubts over meeting 2030 target of a 50% reduction in emissions
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GLP lets 135,000 sq ft G-Park shed
GLP has signed a 15-year lease for a 135,000 sq ft warehouse at G-Park South Normanton
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MORNING NEWS: Will April be the cruellest month?
Plus – £14bn bill for April’s EPC upgrades and Treasury should give up investment role
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Violet extension promises green labs for Liverpool
The 80,000 sq ft addition to the Sci-Tech Daresbury campus will include CL2-enabled lab space
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European real estate on track for ‘worst month since 2009’
The MSCI Europe Real Estate index of large and mid-cap property companies has fallen 24% this month
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Take investment out of Treasury’s hands, says think tank
The Resolution Foundation says the chancellor’s self-imposed fiscal rules were consigning Britain to a ‘low-investment nation’
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EPC upgrades to ‘unlettable’ buildings will cost £14bn
The 1 April deadline will render 130,000 commercial buildings “unlettable”
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Treasury to make £1.8bn profit on Help to Buy
The value of the loans has risen with house prices
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London forced to share financial top spot with New York
This is the first year the City has not been the clear leader
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Bexhill prison and PM’s constituency flag for asylum centres
Aside from the talk of boats, more state property is being earmarked to house asylum seekers
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Next boosts bottom line after rent renegotiations
Retailer cuts property costs while budgeting for ‘difficult year’ ahead
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MORNING NEWS: Issas hungry for Subway
Plus – £1.8bn to fix school buildings is £10bn too little