The property developer said that it had sold 1 Old Queen Street in Westminster, Central London, to a private client for the asking price of £17.25m. The sale price was 14% below book value.
NewRiver’s share price slumped 4.59% on Friday to 270.50p and Bovis Home Group fell 4.58% to 1,147.00p.
Lambert Smith Hampton has appointed Jonathan Thompson as its new regional head of retail to focus on the north of England and Scotland.
House of Fraser’s creditors have given the green light to its company voluntary arrangement (CVA) proposals, which will involve closing 31 of its 59 stores.
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