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Last Updated 07 February 2012
Property Finance News
CBRE reports profit of $239.2m for 2011
CBRE increased its net profit by 19% to $239.2m last year.
Development Securities has confirmed it is in discussions to buy “a number of” assets from Ireland’s National Asset Management Agency.
Little Chef restructured to break "deadlock with landlords"
RCapital has completed the restructuring of roadside eatery Little Chef which has resulted in the closure of around 67 sites.
Pears and DevSecs win NAMA portfolio
Pears Group and Development Securities have teamed up in an innovative partnership to buy a £100m plus portfolio from the Irish National Asset Management Agency.
Regional comfort as St Modwen enjoys 9% NAV boost
St Modwen enjoyed a 9% boost to its NAV per share over 2011, the regeneration developer revealed today, in what will be a comforting sign to the regional development markets.
Workspace appoints new chief executive
Workspace Group has appointed the former Mapeley boss Jamie Hopkins as its chief executive.
Helical Bar signs £100m debt deal with RBS
Helical Bar has agreed to take out a £100m revolving credit facility with the Royal Bank of Scotland.
BGC eyes up US property services firm
BGC Partners is in talks to buy or invest in struggling US property services firm Grubb & Ellis.
