Grainger Trust, Britain’s largest quoted owner of residential property, plans to raise £112m through the issue of a convertible bond at a conversion price of 864p, 35% above the reference price. The Times
Eskmuir Properties paid £45m for the Lunar Portfolio, a multi-let UK industrial portfolio from Legal General’s Industrial Property Investment Fund.
NW1 Partners has sold its UK last mile logistics portfolio to the InfraRed Urban Logistics Income Fund for around £51m.
Blackstone is eyeing a £900m stake in Butlins’ owner Bourne Leisure.
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