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MORNING NEWS: Morgan Stanley signs for 14 years at Canary Wharf

Good morning. Here’s your daily round-up of the latest news and views from EG, plus a collection of industry-relevant headlines from the national papers.

Morgan Stanley has renewed the lease for its European headquarters at Canary Wharf, staying put for at least another 14 years at 20 Bank Street, E14. The deal ends a four-year analysis of the bank’s real estate needs.

Supermarket Income REIT has secured a £37.5m increase in its debt facility with Sumitomo Mitsui Banking Corporation, taking it to £104.5m.

Bristol City Council, Homes England, Network Rail, and the West of England Mayoral Combined Authority have formalised a joint venture to bring forward Bristol’s Temple Quarter regeneration project.

And, is Oxford Street seeing the green shoots of recovery? New West End Company chief Dee Corsi shares her views on why a resurgence is in store for the street.

All of the news from EG, plus a selection of headlines from the nationals:

Morgan Stanley sticks with Canary Wharf

Supermarket Income boosts debt facility

Quartet pool land to accelerate Bristol regen

COMMENT: Creating a blueprint for flagship destinations

WeWork saves $8bn in rent through lease restructuring

CPP Investments takes ownership of €1bn student venture

Feldberg bags Covent Garden office for £500m green fund

Self-storage firm secures £100m funding for expansion

Home REIT hires retail restructuring expert as senior independent director

Document storage firm takes big box at Markham Vale

Plans in for Sheffield sports hub

Priory secures pair of lettings at revamped Liverpool office

Allsop raises £238m at auctions in first quarter

Liverpool gives go-ahead for 420-home resi scheme

Portsmouth Hospitals University NHS Trust docks at Lakeside hub

Hines appoints chief financial officer for Europe

National deals round-up

Avant Homes acquires 92-home Tranent site

Liverpool’s former RBS building turnaround approved

OakNorth signs sweet funding deal with Honey for 252 Yorkshire homes

Knight Frank raids JLL for new head of occupier strategy

Dividends outstrip cash flows at Blackstone’s flagship property fund (£)

Keir Starmer targets voters who want more housing (£)

Councils demand independent review of ‘arbitrary’ levelling up schemes

Revolution Bars shares suspended from trading (£)

Amazon scraps ‘just walk out’ checkouts at grocery stores (£)

Jeff Bezos buys $90m stopgap mansion while renovating other Miami properties (£)

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