Bridget OConnell
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MORNING NEWS: Partners, debt deals and headwinds
Round-up of today’s top property stories with quick links to the nationals
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Debenhams deal for Magasin du Nord in jeopardy
Shareholder Ashley may block sell-off as cash-strapped store chain seeks funds
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Billionaire Mike Ashley’s next venture is luxury flats project in Chelsea
Property consultants have been called in to advise on options for a luxury residential scheme backed by Ashley
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Builder Kier scrambles to fight off hedge funds
The FTSE 250 builder became the third-most shorted stock on the London market last week
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Thousands of jobs at risk as Tesco plans to axe stores
Supermarket chain is planning to shut a raft of city centre stores and convert dozens of others to Jack’s, its new discount format
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Big payout for owner of Center Parcs, led by Martin Dalby
Brookfield has upped its dividend payout during a year when it piled more debt on to the holiday resorts operator
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State-owned Korean bank bids to buy One Poultry
Industrial Bank of Korea latest investor to place faith in WeWork as a tenant
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MORNING NEWS: Stars, slumps and store wars
Round-up of today’s top property stories with quick links to the nationals
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House prices to crash by a third in no-deal Brexit, says Carney
Bank governor warns cabinet soaring mortgage rates could wipe 35% off market
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Birmingham council forced to hand over control of £1bn regeneration as costs spiral
Centrepiece Paradise Birmingham project ran out of cash in its first phase
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John Lewis profits crash 99%
Sir Charlie Mayfield, chairman of the partnership, had to reassure the market that the group had not lost its way, as interim pre-tax and pre-exceptional profits slipped from £96.5m last…
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Morrisons tills ringing with best sales figures for almost a decade
UK’s fourth-largest supermarket reveals 6.3% jump in sales and says it has secured authorisation to avoid post-Brexit border delays