EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
RETAIL: House of Fraser CVA could create 3.3m sq ft of empty space
Retailer has filed proposals for a company voluntary arrangement process, putting 31 stores at risk of closure.
See the full list of stores set to close
REGULATION: BPF calls for urgent government review on CVAs
Current usage “risks undermining the UK’s global reputation and deterring much-needed investment into our town and city centres”.
DEVELOPMENT: Parties invited to submit plans for Bournemouth seafront site
Bournemouth Council and the Gervis Meyrick Estate are gauging the potential interest to create ‘Happyland’.
EDITOR’S COMMENT: It’s vital to focus on the future
After spending two days at the top of the BT Tower with more than 40 EG Awards judges this week, it’s clear the best-performing real estate businesses are taking a more far-sighted view than ever.
