Samantha McClary
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Sloane Hotel sold to Italian group for £7.5m
The Sloane Hotel, in Draycott Place, SW3, has been sold by its private owner to Italian hotel group San Domenico Hotels for more than £7.5m.
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Littlewoods reveals locations of Index stores to be closed
The locations of the Index catalogue stores set to be sold or shut by owner Littlewoods were identified today. The retail group previously held back details until staff had been…
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Radisson Edwardian to operate four-star Docklands hotel
Developer Ballymore has appointed Radisson Edwardian Hotels to operate a four-star, 169-bedroom hotel at its New Providence Wharf development in London’s Docklands.
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CLS agrees last two lettings at Westminster Tower
CLS Holdings’ Westminster Tower on the Albert Embankment, SE1, is now fully let following two lettings. . Overseas Exhibition Services Limited has taken the 12th floor, extending to 3,100sq ft…
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Courts appoints financial advisors for overseas affairs
Rothschild and KPMG Corporate Finance have been appointed as joint financial advisors for the overseas businesses and assets of collapsed furniture retailer Courts.
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GUS buys handful of Index stores for £44m
GUS, owner of the Argos chain of shops, has bought 33 Index stores and the Index brand name from Littlewoods for £44m.
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Another £260m of retail centres lined up for sale
CIT puts ex-Charterhouse mall in south Glos on the market for £100m. A £100m shopping centre near Bristol is among £260m of shopping centre stock that has come onto the…
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Investors kick Boots portfolio offer
Terms of £250m sale-and-leaseback for 300 stores cause dismay – but institutions may still bite. Investors are angry at the terms of the £250m sale-and-leaseback of 300 Boots stores that…
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Grainger Trust’s City North takeover declared unconditional
Grainger Trust’s takeover of City North has been declared unconditional. Grainger now owns or has received valid acceptances for 85.8% of City North shares.
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Administrator in as Basebuy goes out of fashion
Specialist retail agent Dalgleish has been appointed to dispose of 70 Eisenegger and Foxhole stores across the UK, following parent company Basebuy’s collapse earlier this week.
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Investors object to terms of Boots portfolio offer
Investors are angry at the terms of the £250m sale-and-leaseback of 300 Boots stores that came to market last week. Confidential documents show that Boots is stipulating that the purchaser…
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Liberty completes Harlequin shopping centre securitisation
Liberty International has completed a £303.5m securitization on its Harlequin shopping centre in Watford. The loan, arranged by Eurohypo, will be financed through the issue by Opera Finance of commercial…