Countrywide Financial is on the verge of agreeing a $2bn (£1bn) cash injection from Bank of America.
Shares in the biggest US mortgage lender have halved in value this year as a result of the sub-prime market turmoil, but rose by 20% yesterday in after-hours trading.
Frasers Property has acquired Lakeshore in Bedfont Lakes Business Park for £135m.
Rockwell and FirethornTrust have secured planning for their redevelopment of Quay House in Canary Wharf.
Lord Deben urges sector to ‘come to battle not with problems but solutions’
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