Sir Stuart Hampson, former chairman of John Lewis, will become the new chairman of the Crown Estate on January 1, 2010 after the retirement of Ian Grant. The Crown Estate, one of the biggest landowners in the UK, pays revenue from properties back to the Treasury.
The Times, Daily Telegraph
More than £3bn of rent has been lost by property investors since the start of lockdown, according to Remit Consulting, in a situation which it said is unlikely to improve in the final quarter of the year.
PRS REIT has announced the approval of an additional £50m of development debt facilities with Barclays bank, taking its total to £450m.
Office centre provider Pure Offices has taken 33,000 sq ft at a newly refurbished space in Edinburgh Park.
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