EG’s must reads: 7-11 October

Here’s a wrap-up of some of the top stories on EG from the past week. CBRE has been appointed to dispose of the 35 TGI Fridays sites not rescued from administration. Breal Capital and Calveton, owners of restaurant group D&D, have agreed to buy the American-themed chain, but will take on only 51 of its 86 locations.CBRE appointed to sell leftover TGIs US business news TV channel CNBC is closing in on a deal to take new studio space in London, in a transaction that real estate professionals say would be a vote of confidence in the Square Mile’s ability to become a hub for media broadcasting.American TV giant nears deal for new London studio Shopping centre investment in the first nine months of 2024 has already surpassed the 2023 total. Figures compiled exclusively for EG by Savills reveal that just over £1.2bn of shopping centres have already traded this year in 38 deals. And the even better news for agents? There’s more than £700m in deals yet to be done before the year-end tally takes place.Retail rebounds as 2024 total adds up General Projects has added four hires to its team and promoted others as it seeks to grow the business and expand into new sectors including hotels and homes. Founder and chief executive Jacob Loftus said: “The General Projects mission will always be about continuing to champion the creative reuse of underused assets, but we are excited to move into the next phase of the brand by building out our sector expertise from workplaces to hospitality and residential projects.”General Projects strengthens team as portfolio tops £2.5bn Canary Wharf Group has had plans to revamp Montgomery Square knocked back by Tower Hamlets Council’s planning committee. The company had wanted to add a retail pavilion at the site, but the committee decided that the development would hurt local businesses and cause traffic congestion and other problems for local residents. CWG said it was “disappointed” by the decision. Canary Wharf Group’s Montgomery Square revamp rejected Other stories you mustn’t miss: Native strength: Alasdair Nicholls on expansion in the capital and beyondBrookfield trounces SEGRO in Tritax EuroBox takeoverSocius launches place management companyCity of London looks to sell Mansell Court as repositioning opportunityDamning report reveals extent of exec-level gender biasCamden confirms partners for £500m Knowledge Quarter schemeDemand Barometer: What occupiers want – September 2024Macdonald Hotels case against Lloyds kicks off at the High Court