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.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
