Mike Cobb
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Finance in brief – 4 July
CalPERS in property sell-off, UK CPT takes Barclays loan and Catalyst fund raises £107m
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Trio in Canary Wharf refi
FINANCE: Canary Wharf Group has agreed a £350m senior loan facility secured against its recently completed 25 Churchill Place, E14.
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LBBW backs 95 Wigmore Street buy
German lender LBBW has provided financing for the£222.4m purchase of 95 Wigmore Street, W1.
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MJ Gleeson toasts rising sales
MJ Gleeson sold 34% more homes in the 12 months to the end of June than in the previous period
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Workspace consent on Phipp Street
Workspace has been given planning consent to redevelop the Holywell Business Centre in Shoreditch, EC2
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K&C REIT swoops for Chelsea resi
K&C REIT has acquired Silcott Properties on its first day of trading on the stock exchange
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$1.3bn close on US CBRE fund
CBRE Global Investors has achieved a final close on its CBRE Strategic US Value 7 fund with total commitments of more than $1.3bn
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Cornerstone hires for European expansion
Cornerstone Real Estate Advisers has added two research staff to its team as it expands its European coverage.
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Deimer joins FMS board
German bad bank FMS Wertmanagement has appointed Tammo Diemer to its supervisory board, replacing Andreas Ricker
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Further funds for UKCPT
Barclays has extended £200m of debt facilities to UK Commercial Property Trust.
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CBRE GIP buys Euro sheds
CBRE Global Investment Partners has acquired a portfolio of seven European logistics properties for €346m (£244m) from TH Real Estate
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Two new partners at Rockspring
José Pellicer and Michael Pryer have been promoted to partners at fund manager Rockspring.