Good morning.
And the winners are… EG held its fourth Tech Awards last night, rolling out the digital red carpet and popping the virtual champagne to toast the best in tech. And in case you missed it, you can catch it again here.
Urban logistics platform Valor Real Estate Partners is planning to double its UK portfolio to around £2bn, with Birmingham, Manchester and Leeds identified as core target cities for growth.
Meanwhile, Harworth’s plans to double in size received a subdued response from the markets, with its stock closing flat. Share prices for The Property Franchise Group and Springfield Properties, which both posted healthy results yesterday, actually fell.
MJ Gleeson also posted record results, only to be rewarded with a slight fall in its share price.
Morrisons bidder Clayton Dubilier and Rice(£) has pledged to commit more properties(£) to the grocer’s pension pot.
Just as well private equity buyouts(£) are “good news for our economy”, according to the chancellor.
And Bain Capital has bought a great big slice of Gail’s(£), with plans to make the upmarket bakery chain even bigger.
The FT(£) has a quick look at exactly who is, and who isn’t, heading back to the office.
And the Telegraph (£) asks why ministers aren’t telling us to to get back to our desks.
In today’s EG Property Podcast, EG is off to the movies! Well, to Enfield really, but the borough is now so synonymous with TV and film production that those in the know now call it EnFlix.
A fire at Ocado’s(£) largest warehouse during the summer has knocked £10m off profit(£).
Colliers has bolstered its central London leasing team, appointing Jack Knivett and Mark Radford from CBRE and BDG Sparkes Porter.
China’s biggest cities have suspended land auctions(£) after new rules failed to rein in prices.
Construction work has begun on Aston Martin’s £200m facility at Silverstone(£).
The UK’s first spaceport(£) has been cleared for lift-off after a Scottish court allowed a change of use.
Plans by the Office for Tax Simplification(£) to move the tax year end from 5 April to 31 December could be abandoned. Apparently it would be far too complicated.
A 1,000-year-old castle in Spain(£) that was once under the command of El Cid is facing a new enemy – pigs.
And finally, some people are just blessed with an abundance of space. Take the 23-year-old property flipper from Sussex, who discovered that his family home actually contained two extra rooms that he didn’t know existed. Others, though, have to make do with less. That’s why a Japanese housebuilder has created Hanare Zen, which it says is the worlds smallest commercially available office building. The 91cm wide, 1.8m long potting shed – sorry, office – can fit almost anywhere, it says, allowing you to work from home without taking over the kitchen table. Yours for a mere £3,600.
