Bridget O’Connell
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North/south divide emerges on business failures
There is a widening North/South business failure divide, with southern firms faring far better than their northern counterparts, according to Experian
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ASR retail fund raises €380m
ASR Real Estate Investment Management has completed the first close of its new retail fund raising €380m
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Metro Shopping Fund refinancing completed
Land Securities and Delancey have completed a £170m refinacing of the Metro Shopping Fund.
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DevSec in £37.9m refinancing
Development Securities has secured a new five-year, £37.9m loan from Lloyds Banking Group
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BPF says confusion must end
The British Property Federation has urged ministers to resolve confusion surrounding the National Planning Policy Framework.
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Prime European market set to hold up, says JLL
Prime European property is expected ‘to hold up’ despite economic upheaval, according to Jones Lang LaSalle
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OPLC opens Olympic stadium bidding
The Olympic Park Legacy Company has today kicked off a new tender process for a tenant for the £500m Olympic stadium
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Jv in £20m Chapel Quarter buy
A joint venture between Stainton and a group of Middle Eastern investors has bought Chapel Quarter in Nottingham for £20m.
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Miller gets £160m equity boost
Scottish developer and housebuilder Miller Group has secured a £160m equity investment from GSO Capital Partners.
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Standard Life to develop St James’s offices
Standard Life Investments has received planning permission to develop 23 King Street, St James’s, London.
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MWB calls off takeover bid
MWB Group has called off its proposed £52m takeover of subsidiary Business Exchange after five months of talks
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Sea change at Sea Containers
ING and Berlin-Hannoverische Hypothekenbank have completed a £120m loan to Archlane