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
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Shopping centre loan in default after 20% fall in value

Loan secured against trio of malls breaches LTV covenant
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Clearbell confirms £120m porfolio sale to Blackstone

Cara portfolio of 22 assets changes hands
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Deka completes £153.8m Bedford B&M buy

Deal marks return to UK logistics market for Deka
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Cambridge council buys local business park

Council investment to aid front line services
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Warehouse REIT explores equity raise

Equity fundraising to support investment pipeline of more than £350m
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Middle Eastern capital favours UK regions for first time

Middle Eastern buyers shifted focus away from London to the regions last year
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Clearbell to cash in on £120m industrial portfolio

Cara aggregator platform being sold off market
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