News
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Grand Theft Auto firm weighs legal action over West End redevelopment
Scheme is back in front of Camden planning committee this week after Take-Two’s objection
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DFI and Argo jv sets £400m target for urban logistics platform
Joint venture has been seeded with £177m assets following portfolio deals
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Cooper swaps Crest Nicholson for Travis Perkins
Crest Nicholson’s Duncan Cooper to take over from Alan Williams
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British Land gets nod to turn Debenhams store into life sciences hub
The 140,000 sq ft scheme is expected to cost £30m
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Supermarket Income collects a further £117m from Sainsbury’s deal
The REIT has bought Sainsbury’s 46% interest in four remaining stores for £28.3m
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MORNING NEWS: HSBC downgrades real estate
Plus – Banks sell record ultra-safe mortgage-backed debt and warm weather boosts retail
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British Land bullish ahead of AGM
Simon Carter says there is “strong operational momentum in the business” as HSBC downgrades to sell
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Sell your property stocks, HSBC tells investors
Some 11 property companies, including Landsec and British Land, have been downgraded to “reduce”
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Banks sell record amount of ultra-safe mortgage-backed debt
More than $175bn of covered bonds were sold in the six months to June
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Retailers get warm weather boost
But not enough to beat inflation
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Home Office pays hotels millions for empty beds
The 5,000-bed “buffer” is costing more than £500,000 a day
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London City Airport expansion blocked
Newham Council is concerned about noise pollution