MORNING NEWS: Appear Here on developing in Deptford

Good morning, and welcome to your Friday round-up of news, views and interviews from EG, plus some real estate-relevant stories from the papers. This week’s big interview is with Appear Here founder Ross Bailey. EG met with Bailey in Deptford, south-east London, to see how Appear Here and LandsecU+I have turned a derelict two-acre site into Deptford Market Yard, with 20 shops, restaurants and artists’ studios. “You don’t want to gentrify somewhere, but gentrification shouldn’t mean you can’t create beautiful places,” Bailey says. “If the money is going to people from the area and building great stuff, that’s progress.” Build-to-rent investment volumes have jumped to their highest quarterly level on record, according to Knight Frank data shared exclusively with EG. Investment reached £1.3bn in the first three months of this year, with London bouncing back and accounting for more than half of that figure. There’s also flex advisory M&A, promotions at Colliers and a new climate risk framework to help real estate investors weigh up the sustainability challenges affecting their assets. All the news from EG, plus a selection of headlines from the nationals: Appear Here’s Ross Bailey on fixing real estate’s existential crisisUK BTR investment hits record Q1 levelsMcLaren gets the nod for Leeds mixed-use schemeGreene Park Capital eyes healthcare real estate investment optionsPinnacle takes on 900 homes for L&GProperty alliance calls for clarity on government’s MEES proposalsCambridge Biomedical Campus awaits nod for new hospitalULI and LaSalle launch climate risk framework for real estateNext chapter of Oxford’s Valley Park set for go-aheadHomes England restarts partner hunt for £3bn Northstowe schemeDavy hatches plan for €26.5m Dublin office saleSavills buys flex advisory firm to merge with WorkthereColliers makes 55 UK promotionsPreston’s APTUS gets its first moverSantander submits plans for Glasgow office refurbSavills forecasts 12% jump in CRE investment volumes this yearPlans refreshed for Manchester’s Hotspur Press makeoverSEGRO Park Rainham hits 100% occupationRichard Croft’s Martley builds stake in Regional REITMott MacDonald takes more space in MidtownSocius grows £500m Botanic Place team with hire from LendleasePlanners approve £100m Cambridge Discovery CampusUK mortgage demand returns to growth in first quarter (£)Inflation data lowers hopes of interest rate cuts (£)World risks ‘tepid twenties’ as debt levels and inflation soar, warns IMF (£)Poundland owner leaves £1 price tag in the past (£)