Distress

Residential development distress ramps up
Growing volume of insolvencies exposes systemic weaknesses

Central Group pays €9m for full control of Signa redevelopment in Düsseldorf
Carsch-Haus was slated to become fourth KaDeWe destination
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Stalling and falling: construction risks are adding to resi development woes
The nature of contracting is shifting as industry adapts to challenging market

Branicks repays another €111m of promissory note loans
The firm has now fully paid back the €225m of debt it recently restructured

Godwin Group-related companies to be liquidated
Advisors appointed around six more companies including Godwin BTR Services and Godwin Development Services

Paribus’ Georg Reul: “We are looking for problem cases”
Managing director on stabilising a distressed fund portfolio
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Office
Wood Mackenzie takes space at Edinburgh’s Waverley Gate
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Retail
Monsoon and Accessorize secure flurry of retail lettings
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People
CBRE investment banking head departs
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Residential
Firma and Precede finance £30m Manchester development
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Residential
Aviva and Moda lock in funding for £200m+ Birmingham neighbourhood
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Hotels & Leisure
Hotel investment volumes hit nearly £2bn in first half
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Retail
M Core swoops for 200,000 sq ft Derbyshire retail complex
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Regeneration
Approval for first phase of HBD’s £1bn Cheltenham regeneration project
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Retail
Investment duo launch partner hunt for €500m of shopping centres
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People
Plenary makes senior management appointments
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Corporate
Oaktree’s head of Europe to step down
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Student Accommodation
Victor emerges for £400m Sanctuary student portfolio
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Opinion
Shah on property: can the big agencies ever truly compete with Eastdil?
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Corporate
LaSalle taps up buyers for £420m portfolio
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Student Accommodation
Fusion Group secures blockbuster £500m loan
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Logistics
Logistics developer buys site for £130m London scheme
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People
CBRE investment banking head departs
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Retail
Chinese toy giant snaps up £63m Oxford Street store
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Logistics
Multistorey logistics struggles to get off the ground in London
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Residential
Residential development distress ramps up
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Office