Landsec lines up first office disposals in resi pivot

As Landsec plans a pivot away from offices and retail parks, specific assets marked for disposal are beginning to come to market. The company last month said it will free up capital from low- or non-yielding pre-development assets during the next three years, recycling the money into higher-income and higher-growth opportunities. Ultimately it is working towards establishing […]

The rise and rise of City rents

With PIB Group on track for a potential new record rent in the City, at around £130 per sq ft, just a couple of months after Brazilian bank Banco Master posted its own record at £122 per sq ft, rents are set to continue rising – but how much further will they go? The root […]