In the news this morning, councils are reported to have been investing heavily in commercial property, raising fears that local authorities have ramped up their exposure to the troubled UK high street just as specialist investors look to exit.
Sticking with the high street, yesterday was a good day for Domino’s, not such a good day for New Look and overall, not a great month for retail sales which were down in September according to the ONS.
And the for those tracking the progress of WeWork here and abroad, there is a look at the shared office space provider’s aggressive expansion in Japan.
NEWS ROUND-UP: Take a look at the O2’s new retail extension
WeWork targets Japanese big business in aggressive expansion
Why the over-60s are joining ‘Generation Rent’
Local councils ramp up exposure to commercial property
UK house price growth slows again as number of sales plummets
New Look to pull out of China with closure of 120 stores
Domino’s reassures investors on growth
UK retail sales fall in September as shoppers spend less on food
