MORNING NEWS: Scaling up and going private

In the news this morning, Singaporean giant Mapletree has made its long-awaited European logistics debut. Read all about it in this story from EG. The Tory conference is also once again expertly covered off by EG, with NIMBYs and privatisation on the agenda. And following the announcement of plans to charge foreign buyers extra stamp duty, the FT takes a look at how this will hit central London developers reliant on overseas investors to fund new luxury apartment blocks. NEWS ROUND-UP: Local authorities face care home shortage Mapletree makes £454m European logistics debut Cash and great connections on offer in the EG Tech Academy London developers hit by new stamp duty tax on overseas buyers Privatisation is not dead NIMBYs should not accept anything next door that devalues their home House prices stay in slow lane after rate change Man ‘killed by falling window pane’ near London building Soho House remains lossmaking despite faster revenue growth Confidence falls among builders as growth slows Outdoor drinking and football overturn profits at Revolution Bars