NEWS ROUND-UP: Developers like happening and hip – so where’s the money?

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’

Hawker House SE16
Hawker House: Street Feast’s Canada Water mega market, SE16

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.

London Union’s co-founder on the regeneration of King’s Cross, creating a development buzz and more

REGIONAL: Green light for biggest Bristol office scheme in a decade

4 Glass Works Bristol
4 Glass Whaft, Temple Quay: permission has been granted for a 210,000 sq ft office building

Salmon Harvester Properties has been granted planning consent for the largest office development in Bristol in 10 years.

Click here to find out more about Salmon’s development programme in Bristol

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

Why investors are having to be inventive and what deals might happen

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.

Find out more about the deal