Private equity investment in the UK has fallen to its lowest level in more than five years, according to KPMG. A study of transaction data shows deal volume and value have fallen 35 percent and 40 percent respectively in the first half of 2019, when compared with H1 2018.

Legal & General has exchanged contracts to complete the largest privately funded development in Wales, Cardiff Central Square, in partnership with the Welsh Government and Rightacres Property. Comprising over 500,000 square feet, the final major element of the £400 million regeneration scheme will include: a new bus station...