News
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SEGRO beefs up senior management team
Appointments follow expansion of its executive committee
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Knight Frank IM names new chief
Move follows Kevin Aitchison’s move to Savills IM
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Empiric expecting record year with strong H1 results
PBSA provider said revenue was up by 16%
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MORNING NEWS: WeWork downgraded
Plus – Gove letters savage housing providers and Big Short Burry predicts crash
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Is there a generational difference of opinion on the RICS?
EDITOR’S COMMENT “While the older generation seems frustrated, the next generation seems full of hope”
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Watkin Jones sells trio to L1 Capital
The sale, at a loss to book value, will net £11m
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WeWork downgraded further into junk territory
Fitch has given the flex space giant a rating of CCC-
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Gove ‘names and shames’ councils and housing associations
A flurry of letters with accusations of “severe maladministration” were sent out last night
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Rates rise predicted despite fall in inflation
Inflation is at its lowest level since February 2022 but markets still expect rates rise to 6%
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Big Short trader bets $1.6bn on 2023 Wall Street crash
Michael Burry has bet 90% of his fund that a crash will happen before the end of the year
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Resi rent rises reach renewed record
Rents rose by 5.3% across the UK in July
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Aldi confirms 1,200-store target
The UK’s fourth biggest grocer will open one store a week until Christmas