Property company founded by tycoon Li Ka-shing strikes latest big London real estate deal.
The retailer, whose brands include Jacamo, Simply Be and JD Williams, is consulting on shutting its 20-store portfolio.
Sales jumped 1.3 per cent in the month, well above the 0.5 per cent City of London analysts had pencilled in.
Deal sees PHP’s portfolio rise to a gross value of circa £1.375bn and a contracted rent roll of approximately £73.5m.
Round-up of today’s top property stories with quick links to the nationals.
Segro chief executive, David Sleath, makes a case for industrial space in London in a column for The Telegraph.
Across the UK, rents were flat, according to the Office for National Statistics.
The leisure company founded in 2008 by former England squash player John Treharne has bought 13 venues from Easygym.
Until now, homeowners had resisted selling because of fears that they were entering a downward market, with house prices slowing and economic uncertainty arising from the Brexit vote.
The Times asks whether the House of Fraser brand has lost its right to exist.
MPs ask Financial Reporting Council to consider widening investigation into PwC.
Chris Sullivan, 61, will step down in the autumn, having joined Spanish bank Santander in December 2015.