Bridget O’Connell
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Citypoint value gains elevation
A new valuation of Citypoint Tower reveals it has reversed its downward slide with a £37m hike in value. Knight Frank has put the value of ?the 703,000 sq ft…
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Lohda seeks Grosvenor Sq funding
Mumbai-based developer Lodha Group is lining up finance for the Canadian High Commission’s MacDonald House on Grosvenor Square.
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GE takes two in Postbank deal
GE Capital Real Estate is taking just two members of Deutsche Postbank’s real estate team
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Delin fund heads for the sheds
Delin Capital Asset Management is preparing to launch a €400m (£332m) logistics fund as interest in big-box UK industrial continues to boom.
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European NPL sales ‘to rise 32%’
European loan sales are forecast to rise by 32% this year to more than €40bn, according to Cushman & Wakefield Corporate Finance.
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BL ups its stake in HUT
British Land is set to increase its stake in the £1.5bn Hercules Unit Trust to more than 50%
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LondonMetric recruits BL director
LondonMetric has recruited British Land retail director Andrew Smith.
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Tristan takes €950m for EPISO 3
Tristan Capital Partners has raised €950m (£782m) for its third opportunistic real estate fund – beating its €750m target…
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Finance briefs 1 February 2014
New European loan servicing business Mount Street has confirmed its acquisition of Morgan Stanley’s £4.5bn Mortgage Servicing
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British Land buys Sainsbury’s stake
British Land has “outflanked the competition” with the purchase of a 26% equity stake in a Sainsbury’s superstore portfolio…
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F&C Reit joins Bank of Montreal
F&C Reit will be the sole real estate business in the enlarged $269bn (£163bn) BMO Global Asset Management group, following its £708m takeover…
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JLL finishes 2013 with revenue leap
Jones Lang LaSalle delivered a strong finish to the year with a 15% hike in earnings per share, as annual revenue rose by 12%…