Peel Land & Property has completed the refinancing of its £266m core corporate loan facility with a club of five banks.
The Peel Group subsidiary has agreed the new facility with Barclays, HSBC, Lloyds Bank Commercial Banking, RBS and Santander.
The business, which forms part of John Whittaker’s Peel Group, is behind regeneration projects including MediaCityUK and Liverpool Waters alongside “commercial offices, retail and business parks; sports and leisure venues, residential development and agricultural land across the UK”.
Berwin Leighton Paisner acted on behalf of the lenders; Travers Smith advised Peel Land & Property.
bridget.oconnell@estatesgazette.com
