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.
MRP has announced a £100m funding deal with AIG Global Real Estate for its Onyx student accommodation scheme in Birmingham.
Mexican restaurant chain Chilango is poised to launch a company voluntary arrangement (CVA) to avoid going into administration.
The headquarters of footwear retailer Kurt Geiger in the City fringe is up for sale for £62m.
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