The municipality of Bournemouth has announced the creation of a Local Asset Backed Vehicle with UK construction group Morgan Sindall (MSIL) for the development of a mixed-use scheme in the UK city with an estimated value of between £350 mln (EUR 415 mln) and £500 mln.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
