More Chinese whispers

Dom Walsh's piece on the Tui Hotelbeds auction caught my eye this morning.

Dom - the City's top leisure reporter over at The Times who knows his sector back to front - reports that the final round bidders for Hotelbeds are Cinven, Kuoni/EQT and a mystery Chinese bidder based in Shenzhen, China. Cinven is said to be leading the pack of bidders, according to an earlier Bloomberg report.

The Heron, the residents association and the yuan

The London property market is a bit like marmite - you either can't get enough of it or you hate it.

If your in the latter camp, then don't bother to read this post. But if you are in the former, then check out this amusing tale.