BayernLB provides loan to Tesco/British Land jv

By A staff reporter 2011-01-19T00:00:00

German lender BayernLB has provided a new EUR 219 mln loan facility to BLT Properties, a property joint venture between retail giant Tesco and UK REIT British Land. The seven-year facility from the bank's London office will be used to repay BLT's existing bank loan.

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