LATEST BANKS & LENDING NEWS
TH Real Estate has provided financing to Korean investor Samsung SRA Investment Management for the £315m acquisition of 200 Aldersgate in the City of London.
Japanese bank Sumitomo Mitsui Banking Corporation signs for 20 year lease.
Fortwell Capital has extended its revolving development finance facility with specialist care home developer LNT Group by three years and increased the amount available to £40m.
Barings Real Estate (BRE) has financed the £201m acquisition of No. 1 Spinningfields in Manchester by a joint venture set up and managed by Schroder Real Estate Investment Management with an £81m loan.
The fast-growing TPG-backed lender is looking for other loan portfolio deals.
Loan will support development of 83 flats alongside 10,000 sq ft of flexible workspace in east London.
Property investor and developer Romulus has refinanced five West London assets with a new £80m loan from Lloyds Bank Commercial Real Estate provided through its Green Lending Initiative.