In the news this morning, Evans Randall Investors is close the first tenant at its recently launched £115m Bureau office scheme at 90 Fetter Lane, EC4. Click here for the full story from EG.
Also today, the J Sainsbury and Asda merger could result in hundred of stores being sold, new research show new-build numbers are falling short of annual government targets, and profits at retailers H&M and Bonmarché suffer from high street blues.
And in the US, a Rocket Internet-backed rival to WeWork has leased more buildings in New York City than its SoftBank-backed competitor and aims to overtake it as the city’s biggest private occupier of office space next year.
NEWS ROUND-UP: Colliers reveals most influential city in Europe
AB InBev prelet brewing on Fetter Lane
Knotel overtakes WeWork in number of New York sites
UK Cities data sheet: Edinburgh
Jamie Oliver’s business empire to post £20m loss this year
Goldman Sachs offshoot Rothesay Life buys £860m ‘bad bank’ loans
Summer blues at Bonmarché force surprise profit warning
Number of new-builds falls short of pre-crash level
H&M profits drop as retailer pours money into in-store and online improvements
