MORNING NEWS: Oxford Street food market gets go-ahead

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 national papers. Oxford Street is set for a new food court after Westminster City Council approved plans to replace one of the area’s infamous American candy shops. Medra Group will redevelop 522-533 Oxford Street, W1, with space for 19 food stalls across two storeys. The court will have capacity for around 75 seated visitors. Elsewhere in the capital, Dominus has teamed up with Cheyne Capital for its student-accommodation-led redevelopment of a Fleet Street office block. The developer bought the 230,000 sq ft office building at 65 Fleet Street, EC4, earlier this year from JMI Properties. In a public consultation over its plans for the site, which launched in February, Dominus also outlined plans to refurbish The Tipperary pub at the premises. Addington Capital and Baumont Real Estate Capital have sealed a deal to buy a City office, with plans to refurbish it into a “best in class” sustainable offer. Old Change House, at 128 Queen Victoria Street, EC4, changed hands for £23m, reflecting a 6.55% yield. The 56,814 sq ft office building was acquired from Delancey, acting on behalf of Coal Pension Properties. And in the national papers, Barbican residents have spoken out against the City of London’s plans to demolish the former Museum of London in favour of an office complex (£). The FT reports that more than 800 objections have been filed ahead of a planning committee vote today (17 April).  All of the news from EG, plus a selection of headlines from the nationals:Dominus and Cheyne partner up for 65 Fleet StreetUrban Logistics posts rental upliftOxford Street candy shop to become food courtWorkspace confident as demand lifts rentsPicton closes Angel Gate saleLiverpool’s sugar site homes lined up for approvalAddington and BauMont splash £23m on City officeCOMMENT: Data centres and carbon offsetting in London, a flawed systemLogistics investment manager appoints new leadBidwells and DTRE launch tenant hunt for Cambridge’s AlchemyBritish shoe retailer upsizes footprint in W1Iconic Soho café on the menu at Allsop commercial auctionYoo casts development partners for Camden Film QuarterSelf-storage industry hits £1bnKadans hires from Knight Frank for leasing managementHollywood Bowl strikes with record revenueWarehouse supply shrinks for the first time in two yearsEveryman plans measured expansion after revenue bounceGPA appoints new strategic partnerSuperdry to cut rents across 39 UK storesTGI Fridays merges with biggest franchisee in £177m dealPwC denies ‘turning blind eye’ to Evergrande issues (£)Bad loan write-offs dent profits at Bank of America (£)FTSE 100 has worst day since July in global sell-off (£)Austria investigates René Benko for fraud (£)Barbican residents hit at City plan to demolish old Museum of London (£)Bailey signals UK on track for rate cuts as US grapples with stubborn inflation (£)