EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
TOP STORY: Palmer to go large in Manchester
After a two-decade search Palmer Capital has finally found a property company to back in the North West. It is now planning an assault on the region and on Manchester in particular.
NEED TO KNOW IN NUMBERS: London’s build to rent pipeline booms
The build-to-rent pipeline within London is now greater than 36,000 homes, EG data reveals. Find out what and where on our map showing every build-to-rent scheme. All records include a link to the individual building records, including planning history, developer details.
LISTEN Unmute your commute: Should the Treasury restrict council’s investment?
The Treasury is planning to clamp down on councils investing in commercial property outside their own jurisdictions. Salford’s head of development discusses if they should.
RESIDENTIAL: Rents in London’s skyscrapers still Europe’s highest
Office rents in London’s skyscrapers are still the highest in Europe and nearly double that of Paris, the second most expensive market, according to Knight Frank’s Global Cities 2018 report.
RETAIL: Questions over 5.6m sq ft of shopping centre extensions following Princesshay decision
The Crown Estate and TH Real Estate’s decision to axe their plans for a 180,000 sq ft extension to the Princesshay shopping centre in Exeter has prompted questions over the viability of the 5.6m sq ft of extensions that are scheduled to be delivered in the UK over the next ten years.
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