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'.
Chinese developer Advanced Business Park (ABP) has secured its first office tenant for its £1.7bn regeneration scheme at the Royal Albert Dock in East London.
Montagu Evans is relocating its London headquarters to larger offices in Nuveen Real Estate’s 70 St Mary Axe.
OakNorth Bank has appointed four new people to its debt finance team and has announced it will open a new office in Birmingham.
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