Finance

GII recieves £82m loan on former Chelsea police station

By 2022-01-31T09:00:00

CGI of approved scheme Lucan Place - ASK financed development

Gulf Islamic Investments Group (GII) has recieved an £82m funding package led by London Wall Lending to finance the construction of a residential development on the site of the former Chelsea Police Station in London.

The development at 2 Lucan Place will comprise a seven-storey residence of up to 31 residential units and two commercial units. It is due for completion in the first quarter of 2024.

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