Good morning. Here’s your daily round up of the latest news and views from EG and a collection of industry-relevant headlines from the nationals.
The biggest news of this Thursday morning is the return of EG’s award-winning Future Leaders programme and the launch of our hunt for a couple of “wildcard” entries.
The Future Leaders project is a public speaking project launched by EG in 2019 to showcase the diverse talent that already exists in the industry.
Through the support of our partners – which this year include Clyde & Co, JLL, Knight Frank, Landsec and Nuveen – we are able to offer two funded spots for the programme for individuals working at businesses or bodies less able to access the project.
We are looking for people from under-represented groups across the built environment who want to show others that real estate could be a career for them.
If that’s you, or someone you know, please do encourage them to apply. More details here: https://blog3.s47657.p1364.sites.pressdns.com/eg-events/future-leaders-summit-2023/
In other news, Oxford Street’s journey back to its former glory and away from becoming dominated by candy stores continues. Trainer retailer Footasylum has said it is planning to return with a 20,000 sq ft, two-storey flagship at the Tottenham Court Road end of the street.
Elsewhere in retail, a rebound appears to be gathering pace with convenience store chain Nisa planning on opening 400 extra stores across the UK. So far this year it has already opened 130 shops.
In London, Derwent has toasted a 6.6% increase in ERVs as it secured more than £17m in new rent in Q1, and GPE has been on a buying spree with two new central London assets secured for £53m.
And in this week’s Editor’s Comment, Samantha McClary asks whether fears of a contagion from the US banking crisis on UK shores are being over-exaggerated.
