It was the Canadian giant’s week, buying the Arlington business park campuses and signing off Plantation Place.
The 550,000 sq ft deal to buy Plantation Place (now renamed 30 Fenchurch St) had been hanging fire for over a year.
The Arlington acquisition values the business at £714 mln. It gives Brookfield 1.6 mln sq ft in 36 buildings plus 1 mln sq ft of near-term development, on parks in the area now being dubbed the Oxford-Cambridge-London Golden Triangle.
New loans included a €1bn+ jumbo financing arranged for a Berlin redevelopment and three bond issues. AXA IM-Alts secured a coupon of just 0.75% for a €500 mln, low LTV issuance for its expanding pan-European core fund. The green bond was 4x subscribed.
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