Another late hat tip from little old Betaville.
David Hatcher and colleagues at React News broke the story about Tritax Big Box's £4 billion merger talks with UK Commercial Property REIT late on Friday night and yesterday morning the details of the deal were announced on the regulatory news service...
So, it turns out it wasn't Bloomberg that broke the story about LXI REIT's £4 billion merger talks with LondonMetric.
It was, in fact, React News that broke the story 15 minutes before Bloomie pumped out their own version.
Hat tip, then, to React News for landing the scoop and apologies for attributing it to our arch rivals at Bloomberg...
Hat tip to David Hatcher, intrepid property hack and founder of real estate site React News.
Hatcher has just dug out a cracking scoop about the the iconic department store Selfridges being put up for sale by the Weston family. Below is a link to Hatcher's piece if you want to read the whole story:
https://reactnews.com/article/4bn-selfridges-for-sale/..
David Hatcher over at React News is on fire, revealing just now that Capital & Counties is in talks to buy Sammy Tak Lee's stake in Shaftesbury in a move that would pave the way for a £3.1 billion combination of the two retail property giants.
Below is the link to David's scoop:
https://reactnews.com/article/capco-in-talks-to-buy-sammy-lees-shaftesbury-stake/..
Hat tip to David Hatcher over at property website React News.
The intrepid hack has just landed a rather good scoop about how Samuel Tak Lee, the Hong Kong-based tycoon who has been stalking Shaftesbury for several years, is looking to offload his 26.5pc shareholding in the property business.
Below is a link to Hacther's scoop:..