RBS and Lloyds are charting a course to deal with their property liabilities
The separation of Soho Estates resulted in a bumper £78m payout, accounts revealed this week.
Ireland’s National Asset Management Agency is seeking loan book sale advisers.
Real Estate Investors has posted a pre-tax loss of £1.9m for the six months to the end of June
The amount of capital available for global real estate investment next year has dropped by 4% to $316bn
Mayfair Capital is restructuring and has a target of £1bn under management within two years
The £1.6bn Hercules Unit Trust has secured a £350m five-year loan from Aereal Bank to pay down debt.
Canary Wharf Group’s NAV per share rises 3.8% as net assets hit £2.5bn in upbeat interim results
Lloyds Banking Group is launching the sale of a £1bn portfolio of distressed commercial property loans.
Fund manager Infrared Capital Partners, which was recently spun out of HSBC, has added three real estate specialists to its European team.
Economic turmoil has not changed RBS’s property deleveraging strategy, says the bank
Great Portland Estates is looking for a partner for the West End Royal Mail development site.