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Angelo Gordon pulls in $175m for new European fund

2019-08-16T11:35:00Z

Angelo Gordon has been backed by two US pension funds for its latest European fund, for which it intends to raise a total $1.2bn (£1bn) of capital.

ICO investigates Argent’s facial recognition technology at Kings Cross

2019-08-16T11:23:00Z

Facial recognition technology used at Argent’s Kings Cross development is to be investigated by the Information Commissioner’s Office to ensure it is being used lawfully by the developer.

Crowngold Estates sells River Crescent in Nottingham

2019-08-16T11:16:00Z

Crowngold Estates has sold a Nottingham residential scheme for around £22m.

Performance of retail-focused funds nosedives in first half

2019-08-15T23:00:00Z

The worst performer was British Land’s Hercules Unit Trust, which delivered a total return of -12.4%

Sophie Meeson to take over the role of FD at The Portman Estate

Sophie Meeson has been promoted to finance director at The Portman Estate and been given a seat on the board.

Bricks-and-mortar stores have ‘halo effect’ on online sales

2019-08-15T23:00:00Z

Bricks-and-mortar stores are having a ‘halo effect’ on online sales, in some instances more than doubling the online sales achieved in areas lacking a physical store, new research from CACI reveals.

Auction House achieves its largest-ever July sales figure

2019-08-15T23:00:00Z

Franchise raises £51.8m from sale of 458 lots, taking total of lots sold to 2,195 – 8% more than last year

House of Fraser still faces an uncertain future one year on

2019-08-15T23:00:00Z

Department store retailer’s fortunes remain in the balance 12 months after purchase by Sports Direct

Canadian retirement living giant Amica poised to enter UK market

2019-08-15T23:00:00Z

Canadian retirement living giant Amica Senior Lifestyles is working up plans to enter the UK market. Amica is understood to be planning to replicate its high-end rental model in the London market, where it has been looking for sites.

The big open-ended question

2019-08-15T23:00:00Z

Open-ended property funds were back in the news last week after it emerged that outflows had picked up in July. To me, the remarkable thing is not that the growing threat of a no-deal Brexit has sparked a fresh round of redemptions, it is that more than three years on ...