❗️❕ UUK was mentioned by Theresa May in #PMQs last month for our work with @NHSEngland to build the capacity to improve student welfare services and access to mental health services Want to see what the prime minister had to say? 👉 https://t.co/9dzDaDM2f6
For a leafy half-hour Tube commute from your family house to the City, the only way is Epping... https://t.co/jXNnUTNlgH
Green CVA: Ramzi Kattan, at Moody’s says:
“Arcadia’s landlords have approved CVA's that will close stores and slash rents. This is credit negative for retail property owners, who face declining footfall and retail sales, and downward pressure on rents.”
The dedication we need, but not the dedication we deserve. I'm sure every Londoner will rejoice at the death of M&Ms World. https://t.co/hIJHumhg2l
PJT, which advised some Arcadia landlords, says: "the focus from management must now be on Arcadia's store and multi channel investment strategy and ensuring the business is in the best possible position for the future."
At @LloydsBankBiz in #Manchester tonight. Great to support our @PlaceNorthWest client as they continue to lend to the NW property market. #property #finance https://t.co/4UFODY8twu
Arcadia CVA narrowly passes after protracted discussions with hesitant landlords. No real structural change as far as I can see minus rental reduction / cover. Not sure what the long term plan is but it feels like sticking a plaster on seriously damaged retail empire
Hm, now to try and pick the bones out of the #arcadia #cva Would have been a huge retailer to bring down but brickmanship reveals depth of landlord antipathy. Could it be the last retail cva to get the nod?
Arcadia landlord Intu voted against the CVA which has just been approved. Intu felt rent cut terms were unfair to its other tenants paying full rent. Intu said it will now work constructively with Arcadia to achieve best outcome for both sides.