Songbird Estates, the AIM-listed owner of more than half the buildings in London's Canary Wharf, has said there is a 'material risk' that it could breach a loan covenant within the next 12 months unless it is able to refinance a loan of £880 mln (EUR 943 mln).
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
