By Mike Phillips, Mike Phillips Mike Phillips2007-07-20T09:55:00+01:00
Grosvenor Fund Management has appointed Sharon Bloodworth as senior asset manager on its specialist shopping centre team.
She will be responsible for the Grosvenor Festival Place Fund, which manages the Festival Place retail scheme in Basingstoke, completed in 2002.
Liz Henderson and Charles Owen have also been recruited as asset managers; both were previously with Donaldsons.
Developer Aitch Group has secured a £24m funding package from Paragon Bank to complete its mixed-used development in Bethnal Green, east London.
Midlands REIT Real Estate Investors has received 81.94% of rent due on June rent quarter day from its 1.59m sq ft investment portfolio.
Self-storage supplier Big Yellow Group has reported a 1.9% increase in like-for-like revenue to £31.7m driven by rental growth for its first quarter ending 30 June.
Retirement housebuilder McCarthy Stone has reported a pre-tax loss of £91.3m for the six months ending 30 April 2020 after the pandemic slowed down the completion of developments.
British Retail Consortium and KPMG have released a report showing a 3.4% growth in UK sales in June, compared to last year.
Dixons Carphone has pre-let a 375,000 sq ft warehouse at Logistics North in Bolton at £6.35 sq/ft after the electronics retailer’s online sales surged 166% during lockdown.
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