Delek, the Israeli property investment group, is to sell properties and take out new loans to refinance £150m of debt taken out to fund last year’s £425m acquisition of RoadChef, the motorway services operator.
Listed property companies faced another day of uncertainty on Friday as the fallout from Prime Minister Teresa’ May’s Brexit withdrawal bill continued.
A South Korean consortium comprised of IGIS and Hana Financial Investment has acquired the 45-storey Trianon skyscraper in Frankfurt from NorthStar Realty Europe for €670m (£595m).
Montagu Evans has appointed Craig Wallace, a former director at JLL, as a partner in its planning and development consultancy team in Scotland.
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