In the news this morning, the Times reveals a secret bid for Hammerson was made by one of Europe’s largest shopping centre owners. It reports that the move by Klépierre threatens to derail the British property company’s proposed merger with Intu.
And the Sunday Times reports that upmarket housebuilder Berkeley Homes is eyeing an approach for the Earls Court site owned by Capital & Counties, the troubled FTSE 250 property developer.
Elsewhere, the broadsheets give their verdict on MIPIM, where the influence of the Presidents Club scandal and the #MeToo movement was reported to be writ large.
Five things you might have missed last week
Ask Real Estate teams up for Salford Embankment scheme
Government and developers come together at property jamboree
UK mortgage payments at most affordable level in four years
Bank governor Mark Carney ready to signal rate rise despite slowdown in inflation
Is the high street on the verge of the biggest crisis since 2008?
Berkeley Homes takes tilt at CapCo’s Earls Court site
Average asking prices for homes reach record high
