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Big loans for big buildings in the City of London
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The Citypoint tower is 18% vacant and has £460M of debt secured against it.
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Brookfield has extended the maturity on the Citypoint office tower until 2028.
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A new loan of about £130M has been lined up for a 15% vacant tower.
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Brookfield wants a three-year extension on debt for a building where a law firm has just said it will vacate 133K SF.
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Brookfield Asset Management Inc. in talks to buy London's CityPoint Tower for under $732M.
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The situations to watch now the election is done
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Royal London has made several industrial deals, Unite Students sold PBSA schemes, and Brookfield has appointed Instant Group for its flex offices.
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Charlie Wade -- managing director of VTS London -- sits down with Bisnow about the past, present, and future of PropTech and technology in London CRE
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Brookfield has leased most of the vacant space at the 36-storey tower
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