Property investors calmed by Ark deal

Analysis: Institutional investors in UK real estate were comforted by news last week that Deka and Legal & General received compensation for a media giant walking away from long leases

Deka, the German property fund, and Legal & General last week received news that comforted many pension funds and insurance companies in the UK real estate market.

In an out of court settlement, the institutional firms received a share of a £45m compensation from Vivendi, the French media group, following a two-year long legal suit.

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Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is ReachedExternal link

Europe Draws Up Retaliatory Tariffs for U.S. Goods in Case No Trade Deal Is Reached