Karl Tomusk
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Tesco to buy Booker Group
Tesco has announced it will buy UK wholesaler Booker Group for £3.7bn.
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AEW completes second close on debt fund
AEW and Natixis Asset Management have completed a second close on the Senior European Loan Fund II, bringing its investment capacity to more than €400m (£340m)
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Delancey and Sandaire launch joint advisory business
Delancey and Sandaire have launched a joint real estate investment advisory business in the UK
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Pidgley’s pay package plunges
Berkeley’s remuneration caps set to reduce chairman’s earnings by £13.3m
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Shearer to lead £360m Coventry development
Shearer Property Group has been appointed to lead the £360m City Centre South development in Coventry
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Real estate lending returns up
Gross returns on senior commercial real estate lending rose from 3% to 3.4% in Q4 2016, according to CBRE’s latest Debt Prospects MarketView
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Mount Street to buy EAA Portfolio Advisors
Mount Street has reached an agreement with Erste Abwicklungsanstalt to buy EAA Portfolio Advisors.
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Two new hires for Henderson Park
Henderson Park has appointed Mrinal Jalan and Dennis Schiloff to its investment team
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Linkcity to develop £410m Hounslow scheme
Linkcity has signed agreements to launch a £410m development of homes, offices, a library and café for Hounslow Council
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UK sales down 87% as European NPL disposals plummet
European non-performing loan sales fell by 44% to €49.4bn (£43bn) in 2016 amid economic volatility across the continent, according to Evercore
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‘Extraordinary event’ forced Aviva’s ‘last resort’
The six-month suspension of Aviva Investors Property Trust was a last-resort response to an “extraordinary event”, the fund’s new sole manager has said a month after re-opening.
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Rail strikes hit South East rental growth
Rental growth has taken a hit in areas of the South East most affected by ongoing Southern Rail strikes, according to data from Landbay.