Recovery
Junction Fund approaches end of the road
Owners prepare £287m vehicle for sale ahead of closing in 2013. Kat Spybey reports
Lenders appoint adviser to start €460m Irish loan workout
The lenders to one of Ireland’s biggest property companies has brought in advisers to kickstart a €460m distressed loan workout, which will also have a big effect on NAMA.
West End: still in demand
As always, developers have been keen to build in London’s ever-profitable West End, leading Drivers Jonas Deloitte to ask whether there is beginning to be an oversupply of new space.
Midtown, south bank, King’s Cross and Docklands: sharp contrast
Midtown was the only market in central London that suffered a decline in construction activity during the period.
Healthcare giant prepares for £2bn debt workout
Britain’s biggest private hospital owner and its lenders have appointed advisers to try to tackle its huge property debt mountain, PropertyWeek.com can reveal.
London pipeline picks up pace despite double dip
Drivers Jonas Deloitte Crane Survey shows signs of improvement. Mike Phillips reports
City of London: unpredictable
The City of London provides the most unclear picture of all in terms of development activity.
Lexi administrators obtain Pakistan freezing order
KPMG, the administrators of collapsed property company Lexi Holdings, has made progress in tracking down millions of pounds owed to creditors, TheBusinessDesk.com reported today.