PropertyEU
LSP gets EUR 114m refinancing for City offices
Date: 23 August 2011
Category: Finance
UK REIT London & Stamford Property (LSP) has completed a £100 mln (EUR 114 mln) refinancing with Santander Corporate Banking and DekaBank. The refinancing is secured against LSP's City of London office assets at One Fleet Place and One Carter Lane, acquired in January 2009 and April 2011 respectively.

London & Stamford Property was set up in late 2007 to exploit opportunities that it anticipated in the UK property cycle. The company invests in commercial property, including office, retail and distribution real estate assets, principally in the UK.
 
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