Ikea, the Swedish retail chain, is suffering like-forlike sales declines in some of its major markets and has warned that the pattern could spread across Europe as falling house prices hit flat-pack furniture sales. Financial Times, The Times
The FTSE 100 rose 1.27% on Tuesday to 6,806.94 points and the FTSE EPRA/NAREIT UK Index climbed 0.32% to 1,591.48 points.
Developer W Real Estate has been unmasked as the buyer of BL’s Grade II-listed, Debenhams-let ‘Arding and Hobbs’ building in Clapham Junction.
Dukelease is under offer to buy City of London office building Ibex House from Israeli pension fund Harel Insurance Financial.
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