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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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump