Elephant and Castle shopping centre refinanced

By James Wood - Fri 9 May 2014, 1:05 pm

A European specialist bank has provided a £40 million facility to refinance Delancey and APG's purchase of the Elephant and Castle shopping centre.

The facility, provided by pbb Deutsche Pfandbriefbank, refinances the initial acquisition which was completed in November 2013.

The 30,300sq m shopping centre is located on an island site in Elephant & Castle.

Charles Balch, head of real estate finance international, UK & CEE at pbb Deutsche Pfandbriefbank, said: “We are very pleased to continue our relationship with both Delancey and APG on an asset which we believe will be central to the regeneration of the entire Elephant and Castle area.”

<

Share

Latest News

London Bridge scores prize hat-trick

Architect Grimshaw, who designed the £1 billion redevelopment of London Bridge station, scooped the top prize at this year's New London…

By Natalie Vincent

Pride of Southwark

By Natalie Vincent

Southwark embraces art

By Natalie Vincent

Bermondsey election results in

By Natalie Vincent