Grainger:, Britain’s largest listed residential landlord reported a first-half pre-tax loss of £143m, from a profit of £200,000 a year ago, and deferred its dividend after UK house prices fell to their lowest in five years.
Prescott and Conran, the upmarket restaurant group co-owned by Habitat founder Sir Terence Conran, has entered administration and closed its three London restaurants.
Office rents in Bristol are predicted to reach £35/sq ft by 2020 following several years of high demand for new space and a loss of stock to residential conversions.
The controversial £200m St Michael’s redevelopment project in Manchester city centre has been given the final go-ahead by Secretary of State for Housing James Brokenshire.
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