EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
INTERVIEW: Unibail-Rodamco boss outlines Westfield merger vision
As Unibail-Rodamco’s $24.7bn (£18bn) deal to take over Westfield Corporation nears the finish line, Unibail-Rodamco chief executive Christophe Cuvillier discusses the proposed merger, his perspective on how retail will evolve and thoughts on recent consolidation efforts in the shopping centre sector.
Read more about the plans here
RETAIL: BPF slams Next over ‘CVA clause’
The British Property Federation has condemned fashion retailer Next for demanding a “CVA clause” when renegotiating leases, meaning its rent would fall by a similar amount if a neighbouring tenant achieves a rent reduction through a company voluntary agreement.
Why did Next start demanding the clause?
DEVELOPMENT: OUT WITH THE OLD?
Old Street has evolved into one of the city’s most well-known creative hubs, but has this evolution, originally driven by the advancement in technology, reached its peak?
Is there life in the Shoreditch scene yet?
Sherin Aminossehe: Dealing with death threats and development
Lendlease’s newly appointed head of offices is not one to shy away from a challenge having left her powerful Whitehall post as chief executive and chief operating officer of the Government Property Unit, overseeing management of the UK’s largest real estate owner.
