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Eurohypo
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Appointment in EC3
Contractor appointed in EC3
Redevelopment may follow purchase
City scheme start
German bank to build
Gherkin for sale
Swiss Re has put 30 St Mary Axe, London, EC3, otherwise known as The Gherkin, up for sale. It is thought that the iconic 40-storey building could achieve a sale price of over £550m. Swiss Re is being advised by DTZ and Eurohypo. - (18-09-2006)
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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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Eurohypo funding for Tower Place EC3
A seven year development/investment facility of £135m has been announced for the Marsh & McLennan development at Tower Place EC3, being carried out by Tishman Speyer Properties. The funding is to be provided by Eurohypo (Europaische Hypothekenbank der Deutschen Bank), a member of the Deutsche Bank Group. - (01-10-2000)
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