Delek RE Set to Lose Its U.K. Parking Lots to Lenders

The firm's efforts to strike a deal with its banks reached a dead end, apparently meaning its major British asset will be lost.

Debt-ridden Delek Real Estate is poised to lose a key asset, its Linchfield parking facilities in Britain, to its lenders. Linchfield has 127 parking sites across the U.K.