Land Securities, the largest real estate investment trust in the UK, has confirmed that it has put its plans to demerge into separate listed companies for retail and London offices on hold. The company has also named Alison Carnwath, (55) as the new chairman to replace Paul Myners who left the post in October to become a minister in the British government.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
