Development Securities plans to raise £94m of equity through a cash call, offering eight shares for 13 at a 9% discount. DevSec said it will use the cash to 'capitalise on opportunities early in the property cycle'.
Safestore’s shareholders have backed the company’s revised executive pay policy at its annual general meeting (AGM) although a significant minority still voted against.
Quadrum Global has put 21 Dartmouth Street, where it recently secured a letting to the House of Commons, up for sale for £88.9m.
Co-working operator Work.Life has agreed to take around 10,000 sq ft of space at 7-12 Noel Street in London’s Soho.
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