EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
RADIUS DATA EXCHANGE: The future of real estate data
Radius Data Exchange is a new data platform built and powered by EG, to help the UK’s commercial property experts deliver better advice to clients and ultimately do more deals.
The contributory data exchange, developed for the market, by the market, replaces EGi with a more powerful and more comprehensive service that will enable customers to analyse deal and availability data and generate major cost and efficiency savings.
Find out everything there is to know about Radius Data Exchange here
DEALS: WeWork joins forces on £580m Devonshire Square deal
WeWork has teamed up with Denmark’s biggest pension fund, PFA Ejendomme, and TH Real Estate to buy the Devonshire Square estate, EC2, from Blackstone for around £580m.
What are the plans for the site?
MIXED-USE: Canary Wharf withdraws Isle of Dogs scheme plans
Canary Wharf Group has withdrawn plans for a 3.7m sq ft Isle of Dogs mixed-use scheme at North Quay, following a spike in construction starts on residential towers in the area.
Find out more Canary Wharf stats
HAMMERSON/INTU: Hammerson shareholder ‘to vote against intu bid’
Dutch Pension fund APG has said it will vote against Hammerson’s £3.4bn takeover of UK rival intu, which was back in the spotlight on Friday after Klépierre withdrew its offer for Hammerson.
What is next for the merger as investors express their concern?
RESI: Plans for 571-flat scheme in Southall submitted
Stanhope and Network Homes have submitted plans for 571 homes in Southall, west London. The jv is the first to get to planning after the two signed a strategic partnership deal earlier this year.
