In the news this morning, reports that FTSE 250 developer Capital & Counties could tear up plans to demolish two council estates as a wind of change blows through the property world.
Also from the Sunday Times, a look at the impact of Hammerson’s and intu’s bungled mall merger on intu’s largest shareholder, John Whittaker’s Peel Holdings. What role did the 27% stakeholder play in the proposed takeover, and what comes next?
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Including:
AEW UK REIT has bought a high street retail asset in Hitchin, Hertfordshire, for £10m. The purchase price reflects a net initial yield of 8.3% and a capital value of…
Colliers appointed to lease 50,000 sq ft of office space in the Salford Quays development
Newcastle is home to the first quarter’s biggest deal with DWP’s 170,000 sq ft pre-let
Peter Bill on the “impending damnation of property portals”
