Bridget O’Connell
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Rebecca Worthington: two post-referendum scenarios
By the time you read this, the vote on devolution will be over. But what will happen?…
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ICG Longbow sets sights on growth
ICG-Longbow is preparing for the next phase of growth after 51% owner Intermediate Capital Group bought out the rest of the business…
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Finance in brief – September 20 2014
UK property total returns slowed to 1.4% in August, down from 1.6% in July as the real estate recovery lost momentum.
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IVG seals €1.5bn Deutsche Bank refi deal
German property giant IVG emerged from its year-long insolvency process this week after clinching a crucial refinancing with Deutsche…
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Credit Suisse gets Rich for lending restart
Credit Suisse has appointed Derek Rich to spearhead its European real estate origination efforts. Rich is joining as a director in the bank’s real…
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Lloyds lofts its €2bn NPL Parasol
Lloyds Banking Group has launched its second Irish NPL in as many months
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Punch finally wins £2.3bn debt restructuring approval
FINANCE: Punch Taverns has finally secured sign-off from stakeholders for its rescue restructuring proposals.
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Bank of Cyprus confirms £289m NPL sale
FINANCE: Bank of Cyprus Group has confirmed the sale of its £289m UK loan portfolio to Oaktree Capital backed-Mars Capital Finance and Camael Mortgages.
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CLS gets OK for Westminster Tower
CLS has gained consent for its residential-led, mixed-use redevelopment of Westminster Tower, Albert Embankment, London SE1.
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Intu completes £163.2m St David’s refi
FINANCE: Intu Properties has concluded arrangements with Wells Fargo for a new £163.2m refinancing of its St David’s shopping Centre in Cardiff.
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AXA completes third Bevis Marks deal
AXA Real Estate Investment Managers has completed the third letting at 6 Bevis Marks, EC3, confirming its letting to Browne Jacobson.
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TCS toasts 15% NAV hike
FINANCE: Town Centre Securities has posted a 15% rise in net asset value to 308p a share in its final results for the year to 30 June.