Bridget O’Connell
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Starwood completes Heron refi
Starwood International has closed the £270m refinancing of Gerald Ronson’s flagship City office tower.
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Derwent Signs £550m facility
Central London REIT Derwent London has signed a new £550m, five-year unsecured bank facility
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Ronson fights to keep tower
Gerald Ronson’s Heron International is continuing to fight to retain control of its flagship Heron Tower City scheme…
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Cornerstone agrees second London loan
Cornerstone is on track to lend £300m by the end of the year and expand its European debt platform after completing its second London-led deal
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Regional property ‘horribly overvalued’
Fund management heavyweight Robert Houston has claimed property outside of London remains “horribly overvalued”….
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BL confident on retail
British Land hosted an upbeat retail investor day yesterday saying both occupational and investment sentiment continues to improve.
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Cornerstone completes £150m second UK loan
Cornerstone Real Estate Advisers Europe has completed a £150m senior debt financing in its second European lending deal.
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Heron Tower could be sold
A row over the Heron Tower’s £315m debt pile could see the landmark City skyscraper put up for sale.
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Henderson reveals Leadenhall Triangle plans
Henderson Global Investors has unveiled its plans for a development spanning almost 1m sq ft on the Leadenhall Triangle site in the City
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Redefine to raise £127.5m from equity issue
Redefine International has launched a £127.5m equity offering to raise funds as it continues to negotiate the terms of a key loan facility.
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lifetime ban for HBOS’s cummings
Peter Cummings, the man held responsible for taking HBOS to the brink of collapse through aggressive real estate lending, has been handed a £500,000 fine
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Pears on menu in Nama debt deal
Ireland’s National Asset Management Agency is in talks with the Pears Group over the future of a €600m (£485.6m) loan portfolio.