Piers Wehner
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SEGRO to invest £2bn in West Midlands
Strategic partnership deal with combined authority aims to deliver 13.5m sq ft by 2033
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MORNING NEWS: British Land’s £1bn loss
Plus – Is Labour the party of development and have funds lost their appetite for real estate?
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British Land suffers £1bn loss
Falling values wipe out 6.9% improvement in underlying profit
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Labour positions itself as the party of development
Sir Keir Starmer: “Mark my words: we will take on planning reform”
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Fund allocations to real estate hit lowest level since GFC
A net 19% are underweight in the sector, just a month after a net 19% were overweight
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Hoarder Brits turn self-storage into £1bn-a-year business
Cushman & Wakefield says more than 55m sq ft is full of stuff
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BlackRock clamps down on WFH
The $9tn asset manager has said staff must be in the office four days a week
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Qatari sheikh makes last-minute £5bn offer for Manchester United
Sir Jim Ratcliffe is in pole position to buy the football club
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More calls to bring back VAT-free shopping
The boss of Harrods says the government needs to “wake up and smell the coffee”
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Tchenguiz sued over more spread-bet losses
Spreadex has issued a claim for £2m, including £580,000 in interest
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Workspace sells five McKay sheds for £82m
Despite the 27% discount, Workspace is still doing well from its McKay acquisition
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MORNING NEWS: Landsec suffers £622m loss
Plus – Hands loses MoD battle and Brookfield to sell Center Parcs