Columbia Threadneedle has suspended dealing in its CT UK Property Authorised Investment Fund (CT UK PAIF) and its feeder fund, CT UK Property Authorised Trust (Feeder Fund), in a bid to restore liquidity.
Morrisons plans to divest 28 of McColl’s Retail Group’s convenience stores to a purchaser or purchasers, in a bid to get its takeover of McColl’s approved by the Competition and Markets Authority (CMA).
OakNorth Bank has acquired a 50% stake in real estate funding specialist ASK Partners to expand its lending to UK housebuilders and property entrepreneurs.
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