Samantha McClary
-
Real Estate Investors secures loan agreement
Real Estate Investors, the fast expanding commercial property investment company which floated on AIM in June 2004, has today completed a 25-year fixed interest term loan with Norwich Union.
-
Taylor Woodrow to announce record profits
Housing and development company Taylor Woodrow will announce record profits when it publishes its results for the year to 31 December in March, the group said today.
-
JJB steps up health club and store format expansion plans
Sports retailer JJB is accelerating its opening policy for its mixed JJB health club and store concept following buoyant trading in the division.
-
Fitness group buys Chelsea’s Harbour Club for £16m
Health and Fitness group Next Generation Clubs has agreed to buy the Harbour Club in Chelsea, SW1, from Cannons for £16.1m.
-
Bingo hall operator Gala abandons plans for eight casinos
Bingo hall operator Gala has abandoned its plans to build eight regional casinos across Britain following culture secretary Tessa Jowell’s decision to “severely restrict” casino development.
-
….and sells Coventry retail centre to Morley
Land Securities (LandSec) has exchanged contracts to sell its Upper Precinct shopping centre in Coventry to Morley Fund Management for £57m.
-
LandSec sells retail portfolio to CBRE Investors….
Land Securities (LandSec) has sold eight prime retail investment sites to CBRE Investors for £58m. The deal reflects an initial yield of 5.18%.
-
Danish furniture retailer to buy M&S’s Gateshead Lifestore
Danish furniture chain Ilva has agreed to buy Marks & Spencer’s failed £40m Lifestore building in Gateshead for £35m. Neither company would comment on the deal but the building’s sale…
-
Savills teams up with Florida-based leisure specialist
Savills has teamed up with Florida-based marketing and development consultants RSVP Associates Inc. RSVP Associates was founded in 1991 and has particular expertise in recreation-orientated real estate, equestrian and golf…
-
Japanese bank buys Menzies hotel chain
Menzies, the 14-strong hotel chain put up for sale late last year, has been bought by Nikko Principal Investments, the European arm of Japanese bank Nikko Cordial, for £120m.
-
P&O to offload London and Plymouth schemes
P&O Developments is considering selling three of its developments in London and its Drake Circus shopping centre in Plymouth to one developer.
-
Celebrity US jeweller opens first store in UK
Irish millionaire Aidan Brook’s 171 New Bond Street, W1, has been let to celebrity US jeweller Harry Winston for its first UK store.