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Five years after credit crunch began, vulture funds are still waiting for spoils. Laura Chesters reports
Every week, we meet a property person from a different age group. This week, Laura Chesters talks to 35-year-old Argentine tango dancer Fiona Small, senior surveyor at the City of London Corporation
Grosvenor Fund Management and Vega Wharlock Properties, a retail property investment and fund management group has bought “The North” retail development for its Grosvenor Vega - China Retail Fund.
Dutch property investment company Wereldhave has emerged as front runner to buy Grosvenor’s Dolphin shopping centre in Poole for more than the £80m asking price.
Joint owners, Westfield and Hermes Real Estate have today unveiled a multi-million pound repositioning plan for The Friary Shopping Centre in Guildford.
Land Securities is front runner to buy Overgate shopping centre in Dundee for more than its £130m asking price.
The average marketing budget for UK shopping centres has reduced by 24% between 2008 and 2011, according to Savills latest survey.