Canary Wharf Group Obtains Loan for New Office Project

LONDON-Canary Wharf Group plc has obtained GBP 190 million in investment and development loan for an office project at 25 Churchill Place in Canary Wharf.

By GlobeSt News Hub | January 02, 2012 at 01:01 AM

LONDON-Canary Wharf Group plc has obtained GBP 190 million in investment and development loan for an office project at 25 Churchill Place in Canary Wharf. The company secured the loan facility from a group of banks comprising Barclays Bank PLC, Lloyds TSB, The Royal Bank of Scotland PLC and Deutsche Pfandbriefbank AG.

The European Medicines Agency has pre-leased 250,000 square feet at the 23-story, 500,000-square-foot tower, which is expected to be constructed towards the end of 2014. For the full story, go to Europe Real Estate .

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