It's not all bad news.

Summarising a year of "catastrophic" write downs, Bill Oliver, St Modwen's chief executive admitted "we are at the lowest ebb, [but] we don't think we've reached the bottom."

Whilst it doesn't look likely that St Modwen will actually collapse, The Financial Times noted
"with the property market likely to stay moribund for some time, it is hard to get excited about the prospects for the sector"

An appropriate comment also in relation to the 'car park' which the council have built for us. I am finding it very hard to get excited about the prospects for this sector. However, the Grand Opening is coming up, and it will be fun.
A bouncy castle, face painting and some jugglers in a car park. Yet again Waltham Forest Council striving to get the very best for Walthamstow.