London-focused property company Capital & Counties Properties acquires the freehold interest of Tower House in the Covent Garden precinct for R1.1bn before purchaser's costs.

US, European and Asian fund managers are apparently starting to bulk up exposure to UK property stocks to cash in on the weaker pound and negative sentiment about Brexit.

Investors looking for exposure to UK real estate have two more options to choose from after the listing of Redefine International spin-off International Hotel Group and mall owner Capital & Regional.

You’d struggle to find a better emblem of the bubbling conflicts of interest that scar the property industry than the Hospitality Property Fund — symptomatic of a sector where “anything goes” is almost a mission statement.