A trio of senior figures at BNP Paribas Real Estate have left the business as part of a round of redundancies.
British Land is poised to buy a mixed-use building close to its Broadgate estate for around £37.5m, as it continues to grow its development pipeline.
Morgan Stanley has launched a securitisation of the £367.5m loan on London’s CityPoint tower.
The City of London Corporation has sold the 150-year leasehold at 1-5 London Wall Buildings for £97.1m to a joint venture between Angelo Gordon and Endurance Land.
Savills Investment Management completed the purchase of 125 Shaftesbury Avenue for £267m from Almacantar and is set to launch a new fund on behalf of Korean institutional investors next year.
Struggling retailer Carpetright has reported a loss before tax of £11.7m for the first half of the year as it continues its ongoing store closure programme.
Legal & General has made three hires to expand its build-to-rent (BTR) team including the appointment of Grainger’s Nisha Kerai as senior asset manager.
Delancey and APG’s Elephant and Castle shopping centre redevelopment plans have been rubberstamped by City Hall.
Retail sector capital value fell 1.9% in November, taking the sector’s overall decline so far this year to 5.3%, according to CBRE.
Landsec has appointed Madeleine Cosgrave as an independent non-executive director.