Bridget OConnell
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Landlord Frogmore accuses New Look of playing games over CVA
Chain abused insolvency for rent cut, claims investor.
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Hotels tycoon Surinder Arora ramps up Heathrow row
Arora has issued a High Court claim against the west London airport over his plans to build a 2,077-space, nine-storey car park on land he owns at Heathrow.
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HS2 ‘covered up petrifying overspends’
A property chief sacked from the rail project claims the budget for buying sites for the first phase was based on interns’ guesses.
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Heineken splashes out £44m to revamp ‘new’ pubs
The Dutch brewer said that the programme would include 140 major projects with an average spend of £170,000.
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Average-sized English homes too pricey for average earners
No region in England and Wales is affordable for workers on median salary.
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Flurry of housebuying in the north creates shortage of homes for sale
As the number of properties available for sale jumps 17.5% in southern areas
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Redrow board changes planned for November
New senior independent director to replace Debbie Hewitt MB upon retirement in November 2018.
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MORNING NEWS: Deals, financials and flotations
Round-up of today’s top property stories with quick links to the nationals.
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WeWork more than doubles sales in first quarter
Rise in revenues to $342m bolsters hopes for listing by shared office space provider.
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Tritax mulls £300m float to snap up European warehouses
The planned IPO comes amid rapid growth in online shopping, which has spurred a booming market for logistic and distribution companies.
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Remortgage numbers show big rise
UK Finance said 40,800 homeowners remortgaged in April, up 36% compared with the same month a year earlier.
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Slowdown in buy-to-let as speculators are squeezed
In the past three months just 1% more landlords have chosen to increase rather than shrink their portfolios, according to a report by Kent Reliance,