EG brings you a few highlights from yesterday’s news, in case you missed the daily round-up
COMMENT: ‘Transforming lives through the power of street food’
In May 2015 I founded London Union with Henry Dimbleby of Leon to open the world’s greatest food market at Smithfield, EC1, writes Jonathan Downey. We are still working on that project, but there are a lot of people, politics and the Museum of London to deal with before we can make that happen.
REGIONAL: Green light for biggest Bristol office scheme in a decade
Salmon Harvester Properties has been granted planning consent for the largest office development in Bristol in 10 years.
ANALYSIS: Is there more M&A activity to come in 2018?
Mergers and acquisitions in the listed real estate sector are traditionally few and far between. However, there has been a torrent of activity in the past few weeks, with Hammerson buying intu, Unibail-Rodamco buying Westfield and now Brookfield looking to take private serviced office provider IWG.
NEWS: AXA IM – Real Assets in talks to purchase 25% Bluewater stake
AXA IM – Real Assets is in talks to buy Lendlease’s 25% stake in the Bluewater shopping centre in Kent. Lendlease put the stake in the 1.8m sq ft centre up for sale in June last year for around £600m and forms part of its wind down of its £900m Lendlease Retail LP fund.