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Distress

Lighting, Night Life, Person

Cineworld restructuring plans approved despite landlords' qualms

Approval means around £16m of new equity funding will be deployed to fund firm's immediate financial needs

Home REIT offloads £37m of properties at auction

Total gross proceeds from properties it has sold and exchanged since August 2023 have reached £216.9m

Hotel owner sues Lloyds Bank over alleged forced below-market sale of assets

Macdonald had owed the Bank of Scotland £229.5m at end of March 2018

Latest Articles

Cineworld seeks High Court approval for restructuring plans

Company warns it may not have "sufficient funds to meet payment obligations to creditors”

D&D London owners in talks over TGI Friday's rescue deal

Breal Capital and Calveton to acquire up to 60 sites from embattled operator Hostmore

Architecture, Building, Office Building

Has Carpetright's failure unlocked years of rental inertia across retail parks?

The closure of Carpetright stores, while unfortunate, has injected much-needed supply into this tight sector

Home Decor, Building, High Rise

Birmingham offices sold for £140m go into receivership

Owner fails to refinance prominent blocks before deadline

Person, Worker, Wood

Planning approvals for new homes hit 10-year low

Just over 230,000 homes were granted consent in the year to June