Asset management company Schroders and UK REIT British Land announced on Tuesday that bondholders in the REC 4 retail park fund have unanimously approved proposals to restructure the terms of the £1 bn (EUR 1.08 bn) Commercial Mortgage Backed Security loan facility made to the Hercules Unit Trust.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
