Finance

M&G agrees £50m loan on City office scheme

By 2020-03-02T10:38:00

40 Lime Street London

M&G Investments has agreed a £49.8m  five-year  loan to a joint venture between Aegila Capital Management & Greycoat London Asset Management for an office refurbishment in the CIty of London.

Aegila and Greycoat bought the property at 37-40 Lime Street in December 2019, for £73.5m. The property comprises more than 120,000 sq ft of office space and is currently 65% occupied.

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