LONDON-Pricoa Mortgage Capital, the mortgage finance division of Prudential Financial Inc., has closed GBP 70 million in commercial real property loan in the UK. A portfolio of UK assets, which include a grocery-anchored retail center in the town of Bath and four office buildings in central London, secured the loan.
The loan has an 11-year term. The O&H Group, a family run business, is the sponsor of the portfolio. For the full story, go to Europe Real Estate .
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