Bank of China (Hong Kong), V and ING Bank closed what at the time was the UK’s largest real estate financing deal, when they jointly secured funding for CC Land’s £1.15bn acquisition of City of London skyscraper the Cheesegrater.
The three banks acted as joint lead arranger, bookrunner, co-ordinator and hedge co-ordinator, providing financing for the acquisition of The Leadenhall Building by the Hong Kong-listed real estate company.
Last year, CC Land refinanced the Cheesegrater in a £650m deal, with HSBC HK and HSBC UK returning to co-ordinate the £650m transaction.
Savills has added to its building and project consultancy (BPC) team with the appointment of Paul Love, who joins as a director in the firm’s Cardiff office.
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