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Belgrave House lettings
Belgrave House topped out
Resolution funds London offices
UK based Resolution Property has launched three limited partnerships to finance more than £250m of property development in London. The financing will fund three office schemes in London boroughs of Hayes, Hammersmith, and Camden. The deal is backed by JER Partners and the Blackstone Group, US real estate investors. Deutsche Bank, and its property financing subsidiary Eurohypo, will provide debt of up to £165m to complete the deal. UK institutions invested a record £5.6bn in property in the first nine months of last year, and saw yields of around 7% achieved.
- (18-05-2001)
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