Yorkshire & North East

Fitch makes series of CMBS downgrades

Westfield, intu and Landsec debt all see outlook turn negative
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Owner hands shopping centre keys back to lender

Valuation sinks well below level of debt
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Bruntwood furloughs a fifth of staff and introduces pay cuts

Developer latest to put COVID-19 measures in place
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Kexgill launches resi portfolio sale

Includes 60 properties around Teesside
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Plans revealed for £100m Leeds tower

32-storey tower to include 660 student beds
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Castleforge completes £22m Leeds office buy

FORE has sold Yorkshire House & Hub
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U+I sells trio of retail assets

Assets outside of “focus geographies”
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Aldi searches for 1.2m sq ft warehouse in response to coronavirus

Supermarket giant searching across several key locations
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British Land suspends dividend payments

Landlord enters rent negotiations with major occupiers
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