East of England
Asset manager appointed to distressed shopping centres
Harrogate malls under new management
- London & Associated Properties replaced as asset manager
- Control sits with mezzanine lender DRC
- No fire sale - yet
Valuers get real on retail, lenders get twitchy – who will be left holding the baby?
The number of distress positions in the sector is growing steadily
Aviation giant unveils 5m sq ft Cambridge plans
Marshall shortlists for major relocation and releases plans for vacated site
Inside the deal: MAG’s £550m airport treasure chest
Around 10 first round bids received
- MAG is selling a £550m collection of airport property
- Strong pricing for infrastructure-orientated assets will allow it to reinvest in its core business
- Those going into the second round will be told this week
Burger King on expansion spree
Chain is eyeing 30 new sites a year
- Burger King is on the expansion trail
- It is pursuing a franchise agreement model
- Plans to open at least 90 restaurants in the next three years
