LONDON-The Tishman Speyer Core European Fund has secured GBP 109 million in loan facility to acquire Sanctuary Buildings, a freehold office building spanning 227,000 square feet on Great Smith Street in Westminster. The US-based real estate investor has obtained the commercial investment loan facility from Barclays Real Estate.
The Department for Education has leased Sanctuary Buildings and its lease will expire in 2017. The property is currently owned by Vico Capital. For the full story, go to Europe Real Estate .
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.