In the news this morning, with Saudi Arabia on the brink of an unparalleled upsurge in its overseas investment activity, EG considers how the UK property industry prepare for an influx of Saudi investors.
Also from EG, a report on Labour’s vision for “Housing for the Many”.
Elsewhere there are reports that the Chinese owner of Hamleys’ is in talks to buy a 51% stake in House of Fraser and Grosvenor’s results are given the once over.
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Including:
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”
Agency’s top team says firm will be more resilient now than in the GFC
Majority of boroughs did not start a single residential development in the first quarter of this year
