MORNING NEWS: Towers, sell-offs and exits

In the news this morning, former Great Portland Estates executive director Neil Thompson is on the move. Click here for the full story from EG. Also this morning, New Bond Street’s Belstaff House has a new owner, Frogmore has towering plans for its Stratford Centre, E15, and Crest Nicholson’s move out of London prompts a stock market sell-off across the property sector. NEWS ROUND-UP: Department stores think it’s all over… it is now Crest Nicholson will move out of London to cheaper suburbs Thompson to leave Brookfield Singaporean investor snaps up Belstaff House Record fine for auditor PWC for failings over BHS Frogmore submits plan for Stratford towers Westminster buyers are winners in the council tax league Shopping complex evacuated as Army called in to deal with suspicious package New Look’s ‘green shoots’ wilt after heavy losses