Brookfield And AXA Hunt £2B Of Debt To Take Profit On London Towers
Big loans for big buildings in the City of London
Big loans for big buildings in the City of London
The Citypoint tower is 18% vacant and has £460M of debt secured against it.
Brookfield has extended the maturity on the Citypoint office tower until 2028.
A new loan of about £130M has been lined up for a 15% vacant tower.
Brookfield wants a three-year extension on debt for a building where a law firm has just said it will vacate 133K SF.
Brookfield Asset Management Inc. in talks to buy London's CityPoint Tower for under $732M.
The situations to watch now the election is done
Royal London has made several industrial deals, Unite Students sold PBSA schemes, and Brookfield has appointed Instant Group for its flex offices.
Charlie Wade -- managing director of VTS London -- sits down with Bisnow about the past, present, and future of PropTech and technology in London CRE
Brookfield has leased most of the vacant space at the 36-storey tower
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