Great Portland Estates: said that its end-June portfolio value fell 5.1% from the previous quarter, the slowest rate in a year as investor interest improved. The valuation of its properties as of June 30, 2009 was £1.03bn.
Great Capital Partnership has sold a building on Oxford Circus in London and re-geared leases along Piccadilly.
Struggling retailer Carpetright has reported a loss before tax of £11.7m for the first half of the year as it continues its ongoing store closure programme.
Retail sector capital value fell 1.9% in November, taking the sector’s overall decline this year to 5.3%, according to CBRE.
A trio of senior figures at BNP Paribas Real Estate have left the business as part of a round of redundancies.
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