Delancey Makes Retail Move As It Secures Rbs Backing for Portfolio

The Herald › December 21, 2010

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Summary

DELANCEY, a property investment adviser, has acquired the East Kilbride Shopping Centre as part of its acquisition of the Blade portfolio, from Propinvest Group for an undisclosed sum. Delancey entered into a partnership with Royal Bank of Scotland to secure the deal.

Delancey, owned by tycoon Jamie Ritblat, beat competition from Catalyst Capital, LaSalle Investment Management, Balmain Asset Management and DTZ to acquire the portfolio.

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Extract

Delancey Makes Retail Move As It Secures Rbs Backing for Portfolio

The East Kilbride Shopping Centre has 250 retail ...

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