In the news this morning, Warren Buffett’s Berkshire Hathaway is to launch a new commercial real estate advisory business. Get the full story here from EG.
Three prominent people moves also in the news today. Persimmon boss Jeff Fairburn has agreed to move on from the the FTSE 100 housebuilder “by mutual agreement and at the request of the board” following a pay storm over his £75m bonus.
Sir Charlie Mayfield is to step down as chairman of the John Lewis Partnership in 2020 after more than a decade overseeing the management of two of Britain’s best known retailers.
And the founder and chairman of Redrow, Steve Morgan, is retiring ten years after he returned to lead the housebuilder out of the financial crisis.
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Buffett’s Berkshire Hathaway to launch commercial real estate business
Bicester Heritage Hotel cleared for take off
UK property market at its weakest for six years, says RICS
House prices growing at slowest pace in five years
The Scalpel carves itself slice of City
M&S profits grow in first half as drastic store closures gets underway
The Scalpel carves itself slice of City
M&S profits grow in first half as drastic store closures gets underway
Redrow warns of depressed London market as chairman exits
