Good morning. Here is a freshly picked bouquet of property news to brighten your Thursday morning.
Average prices for Manhattan apartments have fallen below $1m (£) for the first time in four years, as prices fall by 12%.
This side of the Atlantic, 100 leading women in business(£) are demanding that pay equality finally becomes the norm with a new campaign – #MeTooPay.
Meanwhile, Mark Dixon is planning to add to WeWork’s woes, by announcing plans to double IWG’s growth target(£) to, wait for it 25%!
Less confident of growth is the construction sector, which has reported a nasty crunch(£), with commercial and residential building contracting(£).
The UK’s senior living sector is just a baby, compared with its more mature international cousins. But care home occupancy is actually falling.
There is a trio of high profile departures. Dave Lewis is leaving Tesco; Metro Bank’s Vernon Hill is off(£); and Martin Gilbert will leave Standard Life Aberdeen(£) next year.
Plans for a united Northern Powerhouse look uncertain as the government pitches Bradford and Manchester against each other(£).
And Auld Reekie’s hotels are cutting prices, as Brighton lures the tourists(£).
