Finance
Fitch warns on retail, London office values & ground rents for 2020
Rating agency still positive on logistics
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
M&G suspends trading on flagship fund amidst political uncertainty
Brexit chaos reminiscent of post-referendum action
Aviva’s head of retail quits to capitalise on growing distress
Exec jumps ship to join asset manager
Long Harbour launches €400m ground lease fund
The vehicle will target ground leases in strong European markets, including Germany and Ireland
£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
Assets on the block as Marcus Worthington creditors set to lose £56m
Agents to be instructed on asset disposals
Castlebrooke secures £60m refurbishment and refinance for CIS tower
Trafford stumps up £60m loan for works on 387,000 sq ft Manchester tower