In the news this morning, a deal has been struck to sell one of the UK’s most recognised skyscrapers. Click here for EG’s story on what is set to be one of the largest single asset real estate transactions in the UK, and here for follow-ups by the nationals.
Also from EG this morning, Whitbread is weighing up a hotel sell-off as it feels the heat from activist investor Elliott Advisors. Click here to find out what assets might be put and the block and why.
And according to the Telegraph, hedge funds have ramped up their bets against under-pressure shopping centre owner Intu as it prepares to unveil a dramatic slump in the value of its properties on Wednesday.
Also today:
NEWS ROUND-UP: What’s next for London retail?
Five things you might have missed last week
Six face arrest in Patisserie Valerie accounts scandal
Microsoft’s flagship London store set for summer opening
Galliford Try’s Truscott urges long-term plan for new homes
