Italian bank Intesa Sanpaolo said yesterday that it had agreed to sell about 200 of its branches for about €1.9bn ($2.6bn) to a consortium of Italian banks. The Financial Times
Grocery property investor Supermarket Income REIT (SUPR) has acquired four supermarkets for a combined £76.4m, reflecting a combined net initial yield of 5.1%.
Real estate investor UK Commercial Property REIT (UKCM) has sold 71,807 sq ft of office and retail space in the city’s central business district to Birmingham City Council for £26.4m
The Planning Inspectorate has confirmed Navees Rahman will take up the role of interim chief executive from current CEO Sarah Richards when she stands down in the autumn.
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