Morrisons is evaluating a £1 billion property-backed financing package to free up cash from its UK store estate, potentially via sale-and-leaseback transactions. The initiative could engage CBRE’s advisory teams to structure the financing, aiming to strengthen Morrisons’ liquidity and reduce leverage.

Paul Saville-King, who held senior leadership roles at CBRE, will assume the position of Group Chief Executive Officer at Unispace in February 2026. His departure leaves CBRE with a strategic leadership vacancy that will require succession planning within its global workplace advisory division.