Seaforth Land has secured debt financing from Blackstone’s Real Estate Debt Strategies division to fund its £165m acquisition of CAA House in London’s Covent Garden from Almacantar.
Alongside a £90.8m, five-year acquisition loan, Blackstone has extended financing for the refurbishment of the two interconnected office buildings at 1 Kemble Street and 45-59 Kingsway.
You must be logged in to view premium stories.
Take out a print and online or online only subscription and you will get immediate access to:
To get access to premium content subscribe today
Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts