LATEST BANKS & LENDING NEWS
Urban Exposure appoints non-executive director as firm plans to wind down
Urban Exposure has appointed Graham Warner as an independent non-executive director with immediate effect.
Grainger issues £350m bond as it continues to realign debt profile
Grainger, the UK’s largest listed residential landlord, has issued a £350m bond as part of its strategy to extend it debt profile.
Shiva Hotels secures £230m loan for Marylebone hotel
Shiva Hotels Group has secured a £230m development financing package from Cale Street Investments to fund its 199 room luxury hotel in Marylebone, London.
Intu set to collapse into administration
Shopping centre giant intu is set to call in administrators following a collapse in talks with creditors to rescue the company.
Intu confirms Friday deadline on rescue talks
Intu has confirmed is has until Friday to save the UK’s largest shopping centre operator from a collapse into administration, as revealed by Property Week yesterday.
OakNorth Bank partners with Opes Financial Partners on £32.7m loan
OakNorth Bank has completed a loan of £32.7m with Opes Financial Partners to a property investor for the acquisition of four properties in London.
Nationwide trebles level of minimum deposit it requires from first time buyers
Nationwide has trebled the level of minimum deposit it requires from first time buyers, citing “these unprecedented times and an uncertain mortgage market”.
