EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
BUDGET 2018: What was promised for property?
Chancellor Philip Hammond announced policies around industrial, retail, residential and more.
Read the latest news and analysis here
RETAIL: Shops are taking longer to let
In the face of high rents and excessive business rates, many retailers are looking to reduce their physical high street presence.
RESIDENTIAL: London market “detached from reality”
CBRE and Knight Frank have been “stood down” from a flagship 82-flat scheme as the offers currently being made are “detached from reality”.
LEISURE: NewRiver sells off 22 pubs
The pubs initially formed part of the REIT’s 202-pub acquisition from Marston’s in 2013.