Finance

Gerald Eve launches corporate finance division

Firm will advise on sourcing debt for transactions
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Fitch warns on retail, London office values & ground rents for 2020

Rating agency still positive on logistics
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UK retail will be a focus of the loan-to-own market along with south and east Europe in 2020

React News talked to Luv Shah, senior Partner at Invel, on what to watch out for in the non-performing loan market next year
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M&G suspends trading on flagship fund amidst political uncertainty

Brexit chaos reminiscent of post-referendum action
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Aviva’s head of retail quits to capitalise on growing distress

Exec jumps ship to join asset manager
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Long Harbour launches €400m ground lease fund

The vehicle will target ground leases in strong European markets, including Germany and Ireland
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£195m facility from PIC to Glasgow council will fund equal pay settlements

Glasgow council secured third and final debt package to be used in settlement of equal pay dispute
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Assets on the block as Marcus Worthington creditors set to lose £56m

Agents to be instructed on asset disposals
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Castlebrooke secures £60m refurbishment and refinance for CIS tower

Trafford stumps up £60m loan for works on 387,000 sq ft Manchester tower
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