Bridget OConnell
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C&R profit slips as values drop 0.4%
NAV stable as profit falls from £12.1m to £6.7m.
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MORNING NEWS: Auctions, arches and agents on the move
Round-up of today’s top property stories with quick links to the nationals.
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Park Modern: flats for super-rich leave key workers in the cold
Despite London’s housing crisis, half billion pound development beside Kensington Gardens won’t include a single affordable flat.
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McDonald’s opens new flagship store – and it looks just like an Apple store
‘We are building a better McDonald’s for our customers and the communities where they live,’ says CEO Steve Easterbrook
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New government plans would give social housing tenants right to buy 1% of home each year
League tables for landlords also being considered as ministers promise ‘new deal’ for social housing after Grenfell Tower disaster.
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Intu’s annus horribilis gets worse as shoppers cool off
Having hit a record low several times this year, a new nadir was reached by Intu stock yesterday as sentiment worsened around parts of the retail sector.
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Ashley gets tough with suppliers to failed stores
House of Fraser concessions waiting for payment.
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Architects in a twist over Russia skyscraper
Gorproject, a practice in Moscow, has threatened to take legal action against Tony Kettle, a leading British architect, for claiming “authorship” of the twisting spire on the Gulf of Finland.
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Protection for small businesses in rail arches
Thousands of small businesses in railway arches are to be protected from any attempt to force them out.
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Raven Russia swoops on Moscow warehouse deal
A subsidiary of the the London-listed Russian warehouse investor is investing almost $40m into the purchase of an extension to the Sever logistics park in Moscow.
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MORNING NEWS: Mr Tracksuit, Harwood and property lending
Round-up of today’s top property stories with quick links to the nationals.
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House of Fraser deal draws attention of pension watchdog
Timing of Ashley purchase under scrutiny as retirement liabilities shift to bailout fund.