Distress

Modella Capital plans CVA at Hobbycraft
Up to 27 Hobbycraft stores at risk of closure as part of major restructuring

Q+A: Hollis and Interpath – lenders’ due diligence standards have slipped
Hollis' Mark Hampson and Interpath's David Pike discuss Gateway 2, valuations and more

Homes England to recover just £126,000 from Ilke
Administrators Alix Partners recovered £5.1m, which will be paid to other companies
Latest Articles

European real estate distress eases slightly
Sector remains the second-most distressed in the first quarter, according to the newest Weil analysis

Administrators appointed at firm behind £125m Birmingham residential project
Administrators appointed at behest of lender Together

UK developers sound alarm on looming £3.4bn housing levy
Hundreds of housebuilders warn additional cost will put an immediate halt on housing supply

Shop closures since Covid: who has filled the gaps?
Fashion retailers, chemists, banks, pubs and department stores all vanished in the pandemic – but the recovery has been encouraging

Berkeley offloads £30m modular factory assets
Housebuilder is reportedly pulling out from the volumetric business
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People
Aware Super in search of new CIO
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Corporate
Parsons takes the reins as GreenPoint creates £1bn business
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Opinion
Reboot, not reinvent: the future of office retrofits?
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Corporate
Reef Origin banks on platforms to supercharge growth
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Retail
Farran refinances £114m retail park
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Corporate
CareTrust finalises £650m offer for Care REIT
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Hotels & Leisure
Whitbread plans £1bn sale and leaseback to support growth
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Fundraising
Zetland to hold €650m July close for European credit fund
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Finance
Picton secures £50m revolving credit facility
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Finance
UK interest rates to drop at fastest rate since financial crisis
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Logistics
Blackstone launches new European logistics platform
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Corporate
“Big Short” investor to enter Europe with £1bn+ Sigma acquisition
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Residential
Greystar’s Hancock departs to set up new firm
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Corporate
Goldman investment banking veteran departs
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People
Knight Frank swoops for senior Allsop pair
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London
Hong Kong developer eyes £200m City office offload
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People
Savills’ Mark Ridley announces departure
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Finance
UK interest rates to drop at fastest rate since financial crisis
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Office
How one company is bringing forward 1m+ sq ft of West End office space
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Residential
Titans get motoring on L&Q’s £1.2bn London BTR collection
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People