The off-licence and drinks wholesaling group that announced plans to enter administration last week after owning up to string of accounting errors, has agreed the sale of its wholesale division…
Group signposts distance between its latest valuation and the Klépierre proposal.
Retail sales have suffered their biggest hit in almost ten years as shoppers dodged the spring snow by staying at home, according to a monthly report by the accountants BDO.
The chief executive of the company leading the £9 billion development of Battersea Power Station has resigned after ten years on the project in order to “do other things”.
The over-60s hold 17 times more wealth in their homes than those in their early 30s, up from six times more a decade ago.
Klépierre, the French property group which owns more than 100 shopping centres across Europe, has until 18 April to make a formal offer for Hammerson.
Round-up of today’s top property stories with quick links to the nationals.
Holding properties in foreign structures loses allure since tax crackdown.
More than 63% of households visited at least one of the German discount chains over the past 12 weeks.
The latest Purchasing Managers’ Index for the sector came in at 47, down from 51.4 in February and below the 50 point which separates expansion from contraction
Struggling retailer Mothercare has dumped its chief executive as it pleads with lenders for a rescue deal.
Irish drinks group will by wholesale arm but experts say struggling firm not out of the woods yet.