In case you missed the daily round-up, EG brings you a few highlights from yesterday’s news
■ LEGAL: Holyoake v Candy: when friendship turns sour
“The evidence I have heard is not a very attractive story, both sides appear to lie when it suits their commercial interests. The court can’t ignore this, and I’m going to have to decide who lied when.” Sir Christopher Nugee addresses the elephant in the room on day four of EG’s round-up of the one of the most explosive property cases of the year. Read more…
■ BREAKING NEWS: Owners mull £1.1bn sale of UBS HQ
GIC and British Land are considering a circa £1.1bn sale of UBS’s UK headquarters at 5 Broadgate, EC2. Find out more…
■ DATA: UK syndicated property loans drop by 56%
France has replaced the UK as the largest European market for syndicated property loans as UK volumes dipped 56% in the first half of the year, according to Dealogic’s latest league tables. Read more…
■ LONG READ: Could associations borrow £10.3bn to build homes?
Housing associations looking to ramp up development could collectively borrow up to £10.3bn based on their existing assets and cash flows, according to research from Savills. Find out more…
■ COMMENT: PRS not a solution to the housing crisis? I beg to differ
Harry Downes, founder and managing director of Fizzy Living wants to clear a few things up following an EG article published last week. Read more…
