Property investment firm Development Securities said it had bought a portfolio of bank loans for 40 million pounds.
The loans are secured against 17 investment and development assets in London and the South East of England.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
Can I inherit my partner's ISA? – little known tax break can boost your allowance by thousandsInheriting a partner’s ISA is fairly simple and comes with special advantages if you’re married or in a civil partnership – knowing what to do with it, however, isn’t always as straightforward
-
Can AI results boost Microsoft and Meta’s shares?Alphabet and Tesla’s stock saw contrasting movements after last week’s earnings. This week, Microsoft and Meta’s reports are followed by Amazon and Apple’s.
