Bridget O’Connell
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Max shareholders approve sale
FINANCE: Max Property Group shareholders have voted in favour of the £447.7m sale of the business to Blackstone.
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Sach and Adams to leave RBS
FINANCE: Royal Bank of Scotland restructuring chiefs Derek Sach and Aubrey Adams are set to leave the bank following the wind-down of the division
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NewRiver exchanges on £140m Swallowtail buy
NewRiver Retail has confirmed it has exchanged contracts for its £140m Swallowtail shopping centre portfolio purchase.
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Santander backs Imperial hub
Santander Corporate Banking has provided a £73m development and investment facility…
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Urban Exposure goes private after IPO rethink
Urban Exposure Group is in talks with a number of investors to provide private funding for its residential lending business after calling off its IPO…
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ICG-Longbow finds target for debt
ICG-Longbow is on track to fully allocate its new £401m senior debt platform this year after deploying £132m in its debut deals….
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Finance briefs 9 August 2014
TIAA Henderson Real Estate’s European Fund of Funds has made a circa €25m (£19.8m) investment into the AEW Europe LOGISTIS Fund.
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Euro boost to Savills’ results
Savills’ continental Europe business returned to the black in the first half after seven years of losses.
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Grosvenor retreads central London
Grosvenor Fund Management has launched plans for a new flagship London office vehicle.
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Deals 9 August 2014
Wellcome Trust has completed a landmark agricultural investment deal with the £249m purchase of Co-operative Group’s…
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Co-op halts online grocery plans
The Co-op has halted plans to launch an online grocery service.
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Bellway reports “strong sales growth”
Bellway has reported strong growth in housing sales in an upbeat pre-close trading statement issued ahead of its full-year result.