Helen Ozolins
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Plans for Edinburgh’s Royal High School rejected
Councillors in Edinburgh have rejected a proposal to turn the city’s Royal High School into a luxury hotel.
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Restaurant Group making good progress
Restaurant Group reported a 30% drop in underlying pretax profit, to £25.5m, in the six months ended 2 July, but swung to a small profit on a statutory basis.
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John Lewis extends Home Solutions service trial
John Lewis is launching a scheme that will enable customers to book the services of approved tradesmen, including electricians, plumbers and gardeners.
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Read this morning’s papers: Brexit opportunities in UK commercial property/KPMG looks for sale and leaseback deal on London HQ
Round-up of today’s top property stories with quick links to the nationals.
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Brexit presents opportunities in UK commercial property
Brexit could present opportunities to invest in UK commercial property, according to Mark Delaney, chief investment officer at Australian pension fund AustralianSuper.
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KPMG targets sale and leaseback agreement on London HQ
KPMG is looking to arrange a sale and leaseback agreement on its headquarters in London’s Canary Wharf, joining the ranks of those aiming to benefit from foreign demand for office…
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House prices could fall by 20% in real terms by 2030
UK house prices could be 20% lower in real terms by 2030, Nomura economist George Buckley says.
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Mortgage approvals up sharply in July
Mortgage approvals in July returned to the levels of earlier this year, figures from the Bank of England show.
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Luxury travel provides inspiration to solve housing crisis
First-class airline cabins and yachts are the inspiration behind a product that could provide an answer to homelessness.
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Co-op in exclusive talks with Nisa
The Co-op has entered into exclusive talks to acquire Nisa, in a deal potentially worth £140m.
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M&S in talks to sell Hong Kong and Macau stores
Marks & Spencer has entered into talks with Dubai-based Al-Futtaim over the possible sale of its stores in Hong Kong and Macau.
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Business confidence declines
Business confidence in the economy fell to its lowest level in over a year in August and was the second lowest since 2012, a survey by Lloyds Bank showed.