EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
TOP STORY: Atkins defends Hammerson-intu merger
Hammerson chief executive David Atkins has defended the firm’s proposed £3.4bn acquisition of intu in the FTSE 100 retail landlord’s full-year results declaring it is full steam ahead.
RETAIL: Toys R Us store locations
As Toys R Us teeters on the edge of administration EG looks at its portfolio of stores and possibilities for their reinvention.
Click through to see an interactive map of stores, their location and size.
ANDY BURNHAM: Why Westminster strategy is broken
Greater Manchester mayor Andy Burnham has called on the property industry to play a bigger role in delivering “inclusive growth” by regenerating underfunded town centres and supporting a new employment charter. At EG’s Peter Wilson lecture in Cambridge he explained why he believes the Westminster strategy is broken. Listen to the full lecture here.
INDUSTRIAL DATA: Manufacturing pulls ahead in demand for industrial space
In the months after the EU referendum, there were renewed worries about UK manufacturing finding itself tumbling off a cliff. But take-up in 2017 tells a different story.
Hot tubs aren’t time machines, but can hot tub suppliers predict the future of the industrial market? It’s a question few ask, but talk to Derek Heathwood, Hansteen’s head of UK asset management, and you might kick yourself for not asking.
