In the news this morning, a CBRE director has left the firm to take up a role with online auctioneer BidX1. Click here for the full story from EG.
Elsewhere, shareholders are reported to have revolted against Hammerson’s executive pay policy.
And in business rates news, Tesco has urged the government to impose a 2% online sales tax to help pay for a cut in business rates for shops, while Debenhams is demanding reductions in business rates alongside cuts to rents as part of its attempt to reduce its store occupancy costs, according to documents seen by the Financial Times.
Also today:
EG Highlights: Another day, another CVA: the new normal for store disposal?
How could Google monetise its Maps service?
Philip Green’s empire at risk as directors debate rescue plan
Grosvenor ready to go shopping for retail strugglers
Record £3.4bn loaned under Help to Buy
Debt-laden care home giant Four Seasons falls into administration
