Segro has received an 86.53% take-up for its placing and open offer to raise £250m to fund the purchase of Brixton, its rival. The remaining 13.47% will be allocated to investors.
Segro has completed the biggest property company takeover of the downturn so far and successfully bought its industrial rival REIT, Brixton.
InfraRed Capital Partners has exceeded its £500m target at the final close of its latest fund, with total equity commitments of £522m
Developer Shaftesbury has announced the addition of the first two restaurants for its new Chinatown development.
Whitbread’s hotel chain Premier Inn has signed as an anchor tenant for Frogmore’s approved New Marlborough Yard development at The Cut in Southwark.
Site powered by Webvision Cloud