Bridget O’Connell
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EG SUMMIT: Lloyds commits to £1bn lending
Lloyds Banking Group has confirmed its commitment to undertake £1bn a year in new lending.
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Duet raises £300m for debt fund
Duet Private Equity has raised more than £300m for its real estate debt fund.
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Songbird delivers 3.7% NAV growth
Songbird Estates has delivered a solid set of interim results, posting a 3.7% rise in NAV to 194p a share.
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Al Faisal pays £200m for W Hotel
Al Faisal of Qatar has been revealed as the purchaser of London’s W Hotel for close to £200m
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Longbow appoints Hunter and closes £242m debt fund
Longbow Real Estate Capital has appointed David Hunter as chairman and closed its £242m debt fund.
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DTZ responds to share price fall
DTZ put out a statement to the stock exchange after its share price fell 22% to a low of 24p on Tuesday.
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Lloyds to offload £1bn loan portfolio
Lloyds Banking Group has launched the sale of a £1bn portfolio of commercial property loans.
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Invista wind-down extended
Invista REIM could extend its winding-down, owing to a lack of acceptable offers for its remaining assets.
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Johnson approves Derwent Saatchi scheme
Boris Johnson has approved Derwent London’s proposed redevelopment of the ‘Saatchi block’ .
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American Appraisal establishes UK debt advisory practice
US valuation firm American Appraisal has established a UK debt advisory practice.
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Deadline set for Picton Invista offer
Picton has been given a 17 October deadline for the takeover of the Invista Foundation Property Trust.
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Hiberno Saxon in £100m property fund debut
Private investment management firm Hiberno Saxon is planning a £100m fund .