Grafton Centre, the shopping venue in Altrincham, Cheshire, has called in administrators who said they intended to sell the retail centre as a going concern.
Storage Group Big Yellow saw its shares rise 2% over Tuesday to 938.01p despite the company announcing a 22% drop in profit for the six months to the end of September.
CBRE Loan Services, the special servicer appointed to a £263m CMBS loan secured against a portfolio of former Toys R Us stores, is looking to appoint Smith Williamson as administrator to the owner of the properties, Toys R Us Properties (UK) Ltd.
JLL has continued its move towards a technology focus with the appointment of former IBM executive Sanjay Rishi as chief executive officer for its Americas Corporate Solutions business.
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