East of England news
Shopping centre landlord intu stands to lose out on a chunk of its annual rent and service charges if retail tycoon Mike Ashley follows through on his proposed withdrawal of all his stores from intu’s centres.
AEW UK Core Property Fund has acquired The Kursaal in Southend-on-Sea and Grazebrook Industrial Park in Dudley for a combined £14.9m.
SDL Auctions has been appointed to auction off excess property stock for Norfolk County Council.
UK cities with strong tech and life science sectors such as Cambridge will continue to outperform those with economies based on agriculture and manufacturing in the months following Brexit – but their growth is likely to slow significantly, predicts a report by the Centre for Economics and Business Research (Cebr).