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Finance

Orion stake in Intu rockets

Counter cyclical investor makes its latest bold move

- Orion brings stake in Intu up to 9.2%

- Investor buys in at a depressed share price

- Investor could make a formal approach for the company

Carrington Park photo

IRES buys €285m portfolio

815 flat portfolio to be acquired using fresh capital

Fortwell Capital enters retirement living sector

Loan will fund MaccGroup development

- Fortwell provides £26m facility to MaccGroup

- Ageing demographic pushes lender into the sector

- MaccGroup to push ahead with Solihull development

Yopa closes £16m funding round

Funding round completes as estate agent appoints Countrywide CEO as chairman

Hammerson hires CFO from AIG

Lenton to replace outgoing CFO Timon Drakesmith
View of 68 King William Street

Ares raises €1.78bn for European real estate fund

Private equity firm targeting Germany, France, UK and Spain

GMG acquires London office with £60m funding deal

GMG cquires London office with BentallGreenOak debt facilities.

UBS halts new debt fund launch and shaves team

Swiss giant to wind down existing fund
Vita

Aviva in £236m student funding

DWS takes on debt to fund Vita purchase