Saïd Holdings has refinanced £137.5m of debt on its Canary Wharf office at 5 Churchill Place, E14, with a four-year loan from Citi and Bank of Ireland London.
Ten floors of the 320,000 sq ft office building are let to JP Morgan Markets until August 2029.
Michael Butt, chairman of Saïd Holdings, said: “Banks and other financial and professional service providers recognise that London will remain a world centre for their businesses.
“We believe that 5 Churchill Place, together with the rest of the Canary Wharf area, will be even more attractive to businesses when Crossrail opens and the London City Airport expansion is completed.”
Rothschild Global Advisory advised Saïd Holdings.
To send feedback, e-mail karl.tomusk@egi.co.uk or tweet @ktomusk or @estatesgazette
