Good morning. Here’s the latest round-up of what’s making the headlines in real estate at EG and in the papers.
Landsec has set out its plans to deliver £200m in social value through its £20m social impact fund. Head of ESG and sustainability Jennie Colville and 2020 Change chief Duro Oye speak to EG about how its initiatives will address the need for better socio economic representation in real estate.
US alternatives investment firm GreenPoint Partners has hired former Oxford Properties chief operations officer Dean Hopkins and former BNP PRE UK chief executive Andy Martin as senior operating partners.
Native Land has secured FTSE 100 company Smiths Group as a tenant at Arbor, the first building to complete at its £2.5bn Bankside Yards project, SE1. Smiths will occupy 13,600 sq ft, relocating from St James Square, W1.
London has dropped to second place from first as the most expensive city in the world for construction, according to the latest report from Arcadis. Geneva has taken the top spot.
Sainsbury’s has joined a growing cohort of bidders for struggling grocer Planet Organic, with an offer said to exclude its 14-strong store portfolio.
The number of company collapses has risen by 16% year-on-year on the back of high energy prices and rising debt costs.
The NABERS energy efficiency rating scheme for offices has expanded to include whole buildings and tenancies.
City Pub Group has outlined plans to adopt a “more ambitious approach”, after its full-year trading performance exceeded expectations. The operator has reaffirmed its commitment to growing its pub count to 70 in next three years.
The Quality of Life Foundation has appointed eight new members to its board of trustees. The appointments at the organisation, which was set up by Sadie Morgan, include representatives from DEFRA, Fabrix and Enfield Council’s Meridien Water project.
And as demand for life sciences reaches new highs, Linesight associate director Natalia Gospodinova shares her views on how the industry can help foster growth in the sector.
