Grand Canal Capital Partners Vol. IV · No. 132 · Tue 12 May 2026 Live · 15/15 20:35 UTC Internal · Partners

Market
IntelligenceTuesday.

Daily Brief 12 / 05 / 2026 15 fetchers · 27.6s

Eurozone holds 2.00%. UK base holds 3.75%. Irish 10Y trades 27 bp inside Bund. UK REIT sector off 3–4% intraday. Eight CRE-relevant insolvencies on the wire.

ECB Deposit
2.00%
hold · 11th month
BoE Base
3.75%
hold · May '26
UK 10Y Gilt
4.87%
▲ +3 bp · session
IE 10Y / Bund
-27 bp
inside · stable
UK REIT Index
-3.0%
broad selloff
CRE Distress 24h
8/100
4 dir · 1 ten · 3 sc
01

Rates & Policy

ECB · BoE · Fed · FRED · Global 10Y
% · plotted 0–5%
UK trades 167 bp wide of IE
Ireland 10Y3.20%
Germany 10Y3.46%
United States 10Y4.42%
United Kingdom 10Y4.87%
UK 5Y Gilt4.43%
SONIA O/N3.73%
02

Listed CRE

UK + IE REIT complex · 1-day moves
d/d % · 12 May 2026
9 names > -2%
GPE.L
-3.95%
SGRO.L
-3.53%
LAND.L
-3.34%
HMSO.L
-3.30%
BBOX.L
-3.29%
BLND.L
-2.91%
UTG.L
-2.42%
DLN.L
-2.18%
SHB.L
-1.97%
TRY.L
-1.81%
PHP.L
-1.50%
SUPR.L
-1.47%
GVR.IR
-0.45%
IRES.IR
-0.39%
RGL.L
+0.23%
HSTN.L
+0.18%
03

Distress · The Wire

Eight CRE-relevant UK insolvency notices · trailing 24h
London Gazette
vs trailing 20d avg 5.2
UKDirect · Developer
Wrightway Building Solutions Ltd
CVL · Liquidator appointed
UKDirect · Construction
Landor Construction Ltd
CVL · Liquidator appointed
UKSupply · Architects
Seth Stein Architects Ltd
CVL · Liquidator appointed
UKSupply · Engineering
Torus Engineering Ltd
Petition to wind up
UKTenant · Retail
Felldale Retail Ltd
Notice 2442 — winding-up activity
ΣAggregate
100 notices · 0 IE
4 direct · 1 tenant · 3 supply-chain
04

Editorial

CRE-filtered · 33 items · 4 material
FT · IT · BP · The Currency
trailing 24h
FTCT REIT announces 3.5% distribution increase and strong Q1 2026 results
FTHyperscale Data reports ~687 Bitcoin and ~$94m combined cash; plans capital markets discussion
Irish TimesDepartment of Housing proposes fewer beds in Oliver Bond flats complex, Dublin
Irish TimesCouncil's Oliver Bond plans would have cost up to €700,000 per flat, housing committee told