Aviva Investors and Warner Estate, managers of the Ashtenne Industrial Fund, have raised £45m of equity to reduce senior debt and refinance the fund’s existing loan facility for a further four years with Royal Bank of Scotland and Lloyds.
The joint administrators of collapsed café chain Patisserie Vallerie have confirmed the locations of 71 outlets set for immediate closure including 27 main brand sites.
Barking and Dagenham Council’s private subsidiary company BDTP has acquired the Londoneast-uk Business and Technical Park in another major property acquisition by a local authority.
Homeware retailer The Range is set to open a new 54,000 sq ft store in Stockport this year in a former Toys R Us unit.
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