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DTZ chief takes 25% pay cut
Posted on August 24th, 2009 No commentsPaul Idzik, the chief executive of DTZ, has taken a 25% pay cut as the property agent battles to overcome the collapse in real estate markets.
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Jones Lang LaSalle’s Honor Chapman dies
Posted on August 24th, 2009 No commentsFormer Jones Lang LaSalle partner Honor Chapman has died aged 67.
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ProLogis reduces loan facilities by $1.35bn
Posted on August 24th, 2009 No commentsProLogis has extended and amended its senior loan facility, reducing it by $1.35bn as part of its deleveraging strategy.
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Europe’s largest shoe seller steps into Livingston
Posted on August 24th, 2009 No commentsDeichmann Shoes, Europe’s largest footwear retailer, is to open a new store at Land Securities’ The Centre in Livingston, Scotland.
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Acquisitive Zenith set to pounce
Posted on August 24th, 2009 No commentsMartin Barber, the co-founder and former chief executive of Capital & Regional, the UK property investor, is to return with a new business aiming to buy commercial property in the country.
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Landlords to back Focus DIY’s CVA plan
Posted on August 24th, 2009 No commentsLandlords are set to back Focus DIY’s company voluntary agreement (CVA) today, saving 5,000 jobs and preventing the chain from going under.