St Giles Circus £323 million refinancing

29/9/2017
Real estate finance, Refinancing

£ 323 million

$ 429 million

Announced

29/9/2017


Overview:

  • Blackstone Real Estate Debt Strategies (BREDS) has refinanced the St Giles Circus development in London to the tune of £323 million.
  • The loan will be used for repayment of existing debts and developing the venue which is located in the centre of London's West End. 
  • The development, which is being constructed by Skanska, sits at the junction of Tottenham Court Road and close to the new Crossrail station being developed in the area.
  • The project includes a boutique hotel with bar and restaurant as well as an event venue. 

Katrin Kostadinova - Data analyst 

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