MORNING NEWS: City states and shelling out

In the news this morning, Almacantar has hoisted a for sale sign over Southbank Place, SE1, with an asking price that reflects a a 3.89% yield. Click here for EG’s story which includes details on the developer’s decision to sell the asset that it had anticipated holding until its first review in 2023. Also from EG, Bracknell Forest Council is looking for a joint venture partner for a £300m regeneration project in the post-war new town. And, EG also goes to Dubai, a city-state typically associated with luxury living and gleaming high-rises, to learn about the emirate’s plan to create more services and infrastructure around the needs of its residents. EG Highlights: LondonMetric to buy A&J Mucklow in £415m deal Christie & Co appointed to sell Jamie Oliver restaurant leases Moda & Apache propose £200m BTR scheme at Birmingham’s ‘bomb site’ Editor’s comment: Place your bets please… Squire Patton Boggs signs for Premier Place Unlocking the government’s secret weapon New River and Pimco team up to give retail parks some love Warehouse owner LondonMetric to buy Mucklow in £415m deal House of Lords hears details of staff claims against Philip Green B&M Bargains pours cold water on Asda takeover chatter ValueAct urges Merlin Entertainments to be taken private Google beefs up its space in Meatpacking district