Building, Tower, Architecture

Vultures circle and asset managers take their places as intu falls into administration

Prime centres will end up in the hands of a range of firms
Word, Text, Alphabet

Insurance broker targets up to 60,000 sq ft across the UK

UK's largest life insurance broker has big expansion plans
Building, Office Building, Electrical Device

GPA set to consider additional locations as a result of COVID-19

New demands on workspaces could see out of town spokes as well as giant hubs
  • GPA reassessing its occupational strategy
  • Potential for orgainsation’s demand for space to be upped
  • Out-of-town locations to be considered
Person, Human, Urban

Hammerson’s legal options limited as Orion walks away from £400m retail park buy

Private equity fund drops £21m deposit
  • The perceived fall in value since unconditional exchange on 23 April is so dramatic as a result of COVID-19 that the private equity fund is prepared to lose a £21m deposit
Text, Alphabet, Home Decor

Inside IWG’s £215m Project Revoco portfolio sale

React News digs into serviced office firm’s plan to raise cash
  • IWG is selling a portfolio of 33 locations as the business starts to run short of cash
  • The sale is being handled by Doherty Baines
Office Building, Building, Car Dealership

Delancey targets regional hubs after Welsh buy

Delancey targeting big nine regional cities for a private client mandate
  • Delancey has acquired 2 Kingsway in Cardiff
  • Disposal by CBRE GI and Ardstone’s regional office fund
Person, Human, Pedestrian

U+I sells trio of retail assets

Assets outside of “focus geographies”
Shop, Building, Office Building

intu lines up £1bn portfolio sale

Under pressure mall owner searching for cash