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Paul Bassi, REI

Midlands-based investor ‘open to offers’ as it prepares for market uplift

REI says it will evaluate any portfolio or corporate transaction that is in shareholders' interest

EG’s news agenda: What to look out for this week

Here’s a look ahead to what’s happening in the world of commercial real estate this week

Nest, L&G and PGGM partner for £1bn BTR push

Trio plans to build and manage thousands of high-quality UK rental properties

Rayner signs off four new devolution deals

Greater Lincolnshire, Hull and East Yorkshire, Devon and Torbay, and Lancashire get more powers

Labour launches ‘brownfield passports’ to accelerate development

Call for evidence launched to speed up and intensify development of underused land

Murdoch-backed REA ups offer for Rightmove

Australian property listing group pledges extra £500m in takeover battle

Crown splashes £19m on Northumberland estate

The 2,552-acre Dissington Estate is one of the largest properties of its kind to come to market

Indoor karting specialist races into Braehead

Three-decked track will span more than 1km and accommodate up to 35 electric karts

Blackstone offloads hotels business for $525m

Oravel Stays has bought the parent company of Motel 6 and Studio 6

Consultation launches on decent rental homes standard

Awaab’s Law legislation for the social rented sector will be brought forward this autumn

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