Pendragon, the UK-based car dealership, plans to raise £238.9 mln to reduce debt through a sale and leaseback deal of 81 of its properties to a joint venture owned by the Pendragon Group and NWPI. There will also be a five-for-one stock split.
Tristan Capital Partners’ Curzon Capital Partners IV Fund has completed the sale of a 7,000 m2 office asset located in Milan, Italy to a fund managed by Italian asset manager Investire SGR.
