LONDON-pbb Deutsche Pfandbriefbank has offered GBP 39.125 million in acquisition financing for Marble Arch Tower located in London's West End. The bank has provided the acquisition financing to an affiliate of Almacantar.
The Marble Arch Tower, which overlooks Hyde Park, comprises 166,000 square feet of mixed-use space. The property includes a 21-storey office tower, a cinema and shops fronting Edgware Road and Marble Arch. The deal was completed on 23 June 2011. For the full story, go to PropertyMall .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.