Hammerson secures £1.5bn debt for intu deal
Retail landlord Hammerson has secured a £1.5bn unsecured revolving credit facility which will be used to repay selected intu debt facilities after the companies complete their merger
Retail landlord Hammerson has secured a £1.5bn unsecured revolving credit facility which will be used to repay selected intu debt facilities after the companies complete their merger
Government’s flagship housing policy is being used to boost housebuilder profits according to Avant
Blockbuster purchase of two flats come despite the waning appetite of overseas investors amid stamp duty increases and Brexit uncertainty
JLL and Savills instructed on sale of 10 Hilton hotels
Restaurant chain owner ‘open to offers’ that might provide good return
New Look, Mothercare, Poundland, Debenhams and DFR among retailers identified in “warning area” by financial analyst
Round-up of today’s top property stories with quick links to the nationals.
Land Securities secures revised planning permission for bank’s new London HQ
Treasury committee finally releases document showing ‘widespread inappropriate treatment’ of customers by bank’s disgraced Global Restructuring Group
InterContinental Hotels boss halts special dividend in favour of investment
Consultants Oliver Wyman have warned banks that they face “major risks and administrative burdens” if they don’t start preparing for the changes immediately
Second shareholder advisory group tells investors to vote against a planned £3.7bn takeover by Tesco
Robert Davis’s decision comes after the Guardian reveals he was entertained more than 500 times in three years
Are you prepared for the thundersnow? All equipped for the frostquake? Freaky winter weather events can cause chaos in central London where space is limited, time is precious and public transport seems to hang by a thread. A bit too much wind, rain or snow and everything grinds to a halt.
A drastic shortage of space in and around London’s prime luxury shopping zone Bond Street is pushing upscale and boutique retailers to spread out and create new retail districts.
At the start of the year when I penned my first column, I spoke of a changing market in which strong demand and falling supply would dominate.