In the news this morning, with Saudi Arabia on the brink of an unparalleled upsurge in its overseas investment activity, EG considers how the UK property industry prepare for an influx of Saudi investors.
Also from EG, a report on Labour’s vision for “Housing for the Many”.
Elsewhere there are reports that the Chinese owner of Hamleys’ is in talks to buy a 51% stake in House of Fraser and Grosvenor’s results are given the once over.
NEWS ROUND-UP: The UK’s most resilient retail locations
Capita fails to win central government work since January profit warning
Demise of Toys R Us and fashion chain East bring more job losses
Government selling £5bn of Bradford & Bingley loans to Pimco
Luton airport lands buyer from Australia
Labour unveils vision for “Housing for the Many”
Cooling London market hits Duke of Westminster’s property company
John Lewis chairman to go without pay rise for second year
Hamleys’ Chinese owners prepare swoop on House of Fraser
Industry prepares for an influx of Saudi investors
