MORNING NEWS: Boots, breaches and battles

In the news this morning, the FT reports on more UK shopping centres owned by well known investors that have breached the terms of their loans, after retail failures triggered steep falls in property values. Elsewhere, Boots, one of the UK’s biggest retailers, is planning to shut hundreds of stores across the country, delivering a fresh blow to the battered high street. And from EG, find out which firm has risen to the top of the Radius Data Exchange M25 league table after transacting more than 500,000 sq ft across 32 deals. EG Highlights: Dagenham ‘sheds and beds’ scheme hits the market Partnership will turn pain to gain on the high street Greystar targets UK rental sector with £2bn fund Miss Selfridge store closure ends era Mortgage approvals jump to highest level for two years Investors bet that Bovis will try again Capital & Counties shrugs off threat at Earls Court