Out of Town Group, the shopping centre restaurant operator, has gone into administration. The Times
The group was acquired by Penta Capital in 2002 in a £19m buyout. The administrator is RSM Robson Rhodes.
Accessories brand Skinnydip has opened five new stores within Intu shopping centres.
The amount of London offices under offer in February reached 3.7m sq ft, up 76% year-on-year and significantly ahead of the 10-year average of 2.8m sq ft.
Hermes Investment Management has exchanged on a £96m deal to sell its Royal Victoria Place shopping centre in Tunbridge Wells to British Land.
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