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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
Crying newborn

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
View inside a Marshall hangar

Aviation giant unveils 5m sq ft Cambridge plans

Marshall shortlists for major relocation and releases plans for vacated site
View of Academy House in Cambridge

Unex to offload £100m Cambridge city centre office

Offices are home to AztraZeneca and Rathbones
View of the BT Building in St Paul's

BT makes call on UK consolidation plan

BT will reduce its portfolio of 300 offices to around 30

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

M7 Real Estate appoints new legal adviser

Firm will manage all in-house managed funds

Impact doubles down in Ipswich

Contracts exchanged for two care homes