In the news this morning, Sir Philip Green could offer landlords shares in Arcadia Group in the hope of winning their support for a restructuring of his struggling Topshop empire, according to the Sunday Times.
Elsewhere, Grainger is reported to have beaten off competition from Argent Related and Greystar to be selected as Transport for London’s preferred partner to build and manage more than 3,000 homes for rent across the city.
And from EG, an in interview with the chief executive of NHS Property Services, Elaine Hewitt, about plans to raise cash from its estate which takes in more than 16,000 acres of land – roughly 20 times the size of the City’s Square Mile.
Also today:
News round-up: New tech seeks to fix broken consultation process
Regal opts for a hotel at London’s Commercial Road
MEES one year on: no enforcement proceedings in first 12 months
Demand for London office buildings falls as staff are packed in
Online retailers set for business rate rise
British Land toasts £130m sale of portfolio of pubs to Aprirose
