Good morning. This is your AM bulletin, full of news and views from EG and a few bits and pieces from the daily papers.
Eight London submarkets have achieved record rents, despite investment being in the doldrums. The rising markets include Paddington, King’s Cross and the South Bank.
Southwark is showing signs of death as well as life, with the UK most intact Roman mausoleum becoming the latest archaeological discovery at Landsec and TfL’s Liberty of Southwark development.
Oxfordshire’s Harwell campus is to get a 440,000 sq ft expansion after securing £300m of new funding.
Shaftesbury Capital has a had a promising first 100 days, with lettings ahead of ERV and savings ahead of schedule.
And ministers have launched an inquiry into the use of crumbling concrete – or reinforced autoclaved aerated concrete, if you want to be technical – across the government’s £158bn estate.
Bellway has predicted a dip in volumes for the next two years, as its quarterly reservation rates falls by a quarter.
Unsecured creditors including landlords are still owed £167m after the collapse of Philip Day’s Edinburgh Woollen Mill Group empire.
Grosvenor has joined a round of investment, led by Beringea, to back citizen engagement platform Commonplace.
Despite L&G’s decision to halt production at its Selby factory, a panel of experts tells EG why volumetric could, and should, still be the future of housebuilding.
And Greycoat Real Estate‘s chief executive has been accused of asking one of his executives to cover up his affair with a secretary and then, when she became pregnant, to sack her.
