EDINBURGH, UK-Barclays has provided GBP 52 million in debt package for the first phase of a grade-A business park in Aberdeen. The facility, awarded to Drum Property Group Ltd., will fund the development of the first phase, which will provide 350,000 square feet of office accommodation.
Barclays is the only financial supporter for the facility. Construction work on Prime Four Business Park, a GBP 300-million project, has already started and the first phase will be finished in autumn 2013. For the full story, go to Europe Real Estate .
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