Distress

Hamburg court opens insolvency proceedings for Magna Real Estate units
Eight businesses of the developer affected

Revetas Capital takes over management of $4bn US portfolio
The portfolio is held by German pension funds and other investors
Latest Articles

Empira takes control of €85m Berlin development
New anchor tenant Ufa to move in next year

Future of 300 shops in doubt as Claire’s enters administration
Interpath appointed a week after US arm files for bankruptcy

Investor exodus from student HMOs grows
Growing percentage of investors plan to pull away from the sector in 2025, Handelsbanken reports

High Court backs River Island turnaround plans
Move compels the fashion retailer to close up to 33 stores by January 2026

Signa's administrator sells Innsbruck department store for €140m
Buyer of Kaufhaus Tyrol is linked to Cloppenburg family
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Distress
What went wrong at Godwin Group?
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Ireland
Mega €550m Irish logistics park in play
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Office
Iroko Zen buys Reading office block
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People
Another Wirral regeneration director departs
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Regeneration
Partner sought for 2,400-home Ashton town centre regen
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People
DRC Savills IM names managing partner
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Logistics
Tritax Big Box opts against increasing £485m Warehouse REIT offer
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Opinion
Shah on property: Labour is demonstrating the cost of not cutting
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Corporate
Cash-strapped council names four advisers for property valuation panel
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Student Accommodation
Barwood makes student debut with £30m Birmingham deal
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Office
JP Morgan weighs up new tower at Canary Wharf
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London
BlackRock begins search for 300,000 sq ft London HQ
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London
Arora buys office overlooking St James’s Park for £245m
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Hotels & Leisure
Private equity giant agrees sale of £160m London hotel
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Retail
Realty targets first European shopping centre acquisition
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London
Derwent floats £300m Brunel Building for sale
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Office
Who’s going to buy £200m+ of regional offices after the summer?
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Residential
Hadley plans new quarter at former GSK HQ
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Corporate
GPE launches probe following whistleblower complaint
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Hotels & Leisure
Soho House to go private in $2.7bn deal
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Distress