Whitbread, the leisure group, has opened its first Costa coffee store in Beijing in time for the Olympics, the first of 300 stores planned in China under a joint venture with Beijing Hualian Group. It already has 25 stores in Shanghai under a separate joint venture with Yueda Group.
Prologis has added two new logistic assets totalling over 330,000 sq ft across two south London sites to its portfolio.
Lord Michael Bichard, the civil servant who led the review into the governance of the Royal Institution of Chartered Surveyors (RICS), has been named as its interim senior independent governor.
Plans to redevelop Burgess Business Park to provide several hundred new homes alongside more modern office space in the area have been green-lit by Southwark Council’s planning committee.
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