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Brookfield secures £885m refi for 100 Bishopsgate

Brookfield Properties has secured a £885m refinance for the development of 100 Bishopsgate, EC2.

Standard Chartered Bank, ING Bank and First Abu Dhabi Bank closed a five-year facility for the City of London mixed-use scheme.

100 Bishopsgate comprises 950,000 sq ft across a 40-storey office and an adjoining seven-storey building.

Brookfield has prelet the majority of the building, with Freshfields Bruckhaus Deringer, Royal Bank of Canada and Jefferies all signed to take space.

Standard Chartered Bank, Bank of India and ING acted as joint lead arrangers and bookrunners. Standard Chartered also acted as documentation agent.

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