Formation Capital enters binding to acquire £478m former Southern Cross nursing homes

Formation Capital has entered into a binding agreement to acquire shares in the company, and all subsidiaries, which owns almost 300 former Southern Cross UK care homes for an all-cash £477.67m. The NHP care home business, the UK’s third largest … Continue reading →

Intu Properties taps bond programme for £350m to refi Derby and Chapelfield malls

Intu Properties, the UK’s largest shopping centre owner, is proposing to increase its £1.15bn Intu (SGS) Finance bond programme by a further £350m to refinance to shopping centres, intu Derby and intu Chapelfield, in the first tap issue for the … Continue reading →