The deal will provide ongoing financial support for four of the flexible office space provider's zone-one London buildings. The post Office Space in Town secures £129m debt refinancing agreement appeared first on Property Week .
Lowe, who previously headed Schroders Capital's real estate investment arm, will be supported by current fund manager Nick Montgomery until the firm completes its acquisition of Picton Property Income. The post Schroder REIT appoints Lowe as fund manager appeared first on Property Week .
The deal deleverages the company's balance sheet debt-to-EBITDA ratio and reduces its debt and preferred equity by nearly 70%. The post AY completes ‘transformational’ recapitalisation as it eyes accelerated UK growth appeared first on Property Week .
The project has full planning permission and gateway 2 approval for an eight-storey building. Construction is expected to start imminently. The post DFI forward-funds Viewranks’ 200-bed co-living development in Kingston appeared first on Property Week .
Real estate investor Duncan Thomson, on behalf of an SPV of real estate investors, secured the £8.5m facility from United Trust Bank. The post Bridge loan secured to support £65m care home development in west London appeared first on Property Week .
The instalment fee facility will support the housing association's continued investment in its existing housing stock across London and fund the development of new affordable homes. The post The Housing Finance Corporation backs Notting Hill Genesis with £250m facility appeared first on Property Week .
He has 20 years of experience across property finance, commercial banking and credit risk. He joins from United Trust Bank, where he was senior director of property development. The post Aldermore appoints Porter to commercial real estate team appeared first on Property Week .
Chief exec Andrew Dutton said: “Securing infrastructure-grade financing of this scale, and on these terms, is a strong endorsement of our strategy and the quality of what we’ve built." The post ASK4 completes £170m refinancing with new capex facility appeared first on Property Week .
Canary Wharf Group co-owners Brookfield and Qatar Investment Authority have bought the HQ tower of Société Générale and the European Bank for Reconstruction and Development. The post CWG’s investors pay £625m for Canary office block 1-5 Bank Street appeared first on Property Week .
The Irish residential landlord increased its portfolio value 2.4% in the six months to the end of June, while annualised residential rents rose 2.1%. The post IRES boosts earnings per share 5.8% as rents and portfolio value rise appeared first on Property Week .