Bridget O’Connell
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Rose steps down from LandSec
Sir Stuart Rose will step down from Land Securities’ board on 1 January 2014 after 11 years with the company
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L&G enrols for Canterbuy digs
Legal & General Property has agreed a £15.7m deal to forward fund the development of an 193-bed student accommodation scheme…
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Hammerson reports retail recovery
Hammerson has reported good leasing activity in the third quarter amid “ongoing signs of recovery” in the UK retail market…
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Giostra joins Gatehouse Bank
Gatehouse Bank has appointed Natale Giostra to spearhead a move into highly leveraged commercial real estate lending.
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Intu bond refinances MetroCentre
Shopping centre investor Intu Properties is planning to launch a £485m CMBS to refinance the securitised MetroCentre loan.
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Greenwich sale cuts Quintain debt
Quintain has halved its net debt to £217.6m through the £186m sale of its 40% stake in Greenwich Peninsula. The
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Columbus launches UK sheds fund
Schroder subsidiary Columbus Capital Management has launched a UK industrial fund with £110m of firepower.
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IBRC offers Camden Lock debt
The £225m loan behind Camden Lock is included in the IBRC’s €22bn (£18.5bn) loan book sell-off.
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Cordea Savills buys B&Q shed
Cordea Savills has made its12th purchase in as many months buying a B&Q warehouse in Northern Ireland
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Aviva to offload £400m of secondary assets
Aviva is looking to offload more than £400m of secondary property in one of the largest regional sell-offs since the onset of the downturn.
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Giostra joins Gatehouse
Former CBRE head of UK and EMEA debt advisory, Natale Giostra, has joined Gatehouse Bank as head of real estate finance.
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GPE sells Hanover Square stake
Great Portland Estates has sold a 50% stake in its Hanover Square Estate to the Hong Kong Monetary Authority for £202m.