Bruntwood's portfolio value dropped 17% last year as rising interest rates led the regional property investor and developer to a £224.3 million pre-tax loss.
Declining Bruntwood Portfolio Value Is ‘Snapshot of UK Real Estate'
SciTech Raise Sees Regional Investor Repay £170 Million of Debt
By Luke Haynes
CoStar News
February 2, 2024 | 2:23 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- No.3 Circle Square
3 Oxford Rd, Manchester, GTM
- New office block
60 North Hanover St, Glasgow, GLG
- Companies
- Bruntwood
Real Estate
- Contacts
- Chris Oglesby
Chief Executive Officer, Bruntwood