East of England

£510m MAG sale contract torn up post exchange

Legal technicality allows buyer to withdraw from agreement
  • The fund manager was able to exercise a Material Adverse Conditions clause
  • The parties are still in conversation in order to try and agree a new deal

Shopping centre loan in default after 20% fall in value

Loan secured against trio of malls breaches LTV covenant

Clearbell confirms £120m porfolio sale to Blackstone

Cara portfolio of 22 assets changes hands

Deka completes £153.8m Bedford B&M buy

Deal marks return to UK logistics market for Deka

Cambridge council buys local business park

Council investment to aid front line services

Warehouse REIT explores equity raise

Equity fundraising to support investment pipeline of more than £350m

Middle Eastern capital favours UK regions for first time

Middle Eastern buyers shifted focus away from London to the regions last year

Clearbell to cash in on £120m industrial portfolio

Cara aggregator platform being sold off market