In the news this morning, Sir Philip Green is reported to have sold Marylebone House as he scrambles to raise cash for his sagging Arcadia Group empire.
Elsewhere, Debenhams is racing to secure a fresh capital injection putting rebel shareholder Mike Ashley under pressure if he wants to seize control of the chain.
And as the industry makes its way to Cannes for MIPIM, The Times reports that efforts are being made to clean up the image of the annual property jamboree.
Also today:
News round-up: LCR: One of the most prolific developers of the past 20 years
White City grows even more fashionable with Ralph and Russo
Buyout baron Orion Capital Managers shops for stake in Intu
HSBC chokes on stake in Jamie’s Italian
