Mike Cobb
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Westfield to kick off £1.1bn projects
Westfield has announced the start of A$2.5bn (£1.1bn) of projects by the end of the year
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BMO completes St Albans lettings
BMO Real Estate Partners has let the remaining space in its Churchill House office block in St Albans
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Executive reshuffle at CBRE GI
CBRE Global Investors has shuffled its Asian management team following the appointment of Daniel Queenan to chief operating officer of the global business
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Propcos recover from Asia crash
Listed property companies have recovered some of their stock market losses despite falls in the Asian markets overnight.
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UBS extends London office fund
UBS Global Asset Management has extended the life of its UBS Central London Office Value Added Fund following an EGM.
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Lenders set to take the stage at The O2
AEG and joint venture partner Crosstree Real Estate have approached lenders to find £185m of debt, part of which will be used to fund the development of their new retail…
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BPF criticises EU swap rules
EU proposals to make the swaps market more transparent risk adding cost and liability to the property industry, the British Property Federation has claimed
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Double Deka refi for Pembroke’s City buildings
Pembroke Real Estate has secured £145m from DekaBank to refinance two of its prime City assets
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Devonshire Square on the block for £550m
Blackstone is set to put its sprawling Devonshire Square estate up for sale for £550m.
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Citi cash nurtures Oaktree’s German NPL buy
Citi has provided finance for Oaktree Capital Management’s purchase of Commerzbank’s €752m German non-performing loan portfolio, codenamed Sun.
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Finance in brief – 22 August
M&G appoints Crosbie and pbb fuels Harbert buy
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Berkeley casts occupier for One Tower Bridge
Berkeley Homes has signed up Nicholas Hytner’s The London Theatre Company at One Tower Bridge, SE1