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EG’s must reads: 18-22 November

Here’s a wrap-up of some of the top stories on EG from the past week.

More than 800 professionals from across the built environment gathered at Old Billingsgate on Thursday night to celebrate the 20th annual EG Awards. With entertainment from beatboxing legends Duke and award-winning comedian Sindhu Vee, 20 winners were crowned as EG celebrated the positive contribution of real estate over the past 12 months. Find out who won what here.
EG Awards winners crowned at glittering night of celebration

Landsec is considering a move into operational residential as it secures a pipeline of more than 6,000 homes. Chief executive Mark Allan told EG: “We’ve had to be patient to get to where we are. We will make the decision on how we deliver them going forward in the next financial year, but I would like to think that we will have a meaningful operational component and investment in residential in five years’ time.”
Landsec weighs move into operational residential

Potential reform of one of the most fundamentally important pieces of legislation for commercial property has moved a step closer, as the Law Commission launched its initial consultation on the Landlord and Tenant Act 1954.
Law Commission kicks off review of Landlord and Tenant Act 1954
Shaping the future of the 1954 Act

British Land chief executive Simon Carter has said the REIT’s focus on retail parks “is paying off”, as the asset class grows to a third of its portfolio. The subsector was the only one to post valuation growth over the six months to 30 September, at 5.1%, with campuses down by 1.7% and London urban logistics down by 2.6%.
British Land says retail park focus is ‘paying off’
Editor’s letter: Why completion, not conviction, matters
New British Land CFO’s to-do list

A man who was sacked by Savills for posting a racist tweet following England’s defeat in the Euro 2020 final has pleaded guilty to the offence at Manchester City Magistrates Court. Andrew Bone, who worked for Savills as a commercial building manager, will be sentenced in February.
Former Savills man pleads guilty over racist tweet

Other stories you mustn’t miss:

For your listening pleasure from EG Property Podcasts:

The Law Commission’s review of the Landlord and Tenant Act 1954

How to be a better business

Image © Studio Egret West

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