REG - Lndn & Stfd Prop plc - Refinancing of Moore House, London, SW1 for £65m
29 August 2012
LONDON & STAMFORD PROPERTY PLC
("London & Stamford", "LSP" or the "Group")
Refinancing of Moore House, London, SW1 for £65 million
Further to the completion of the acquisition of 149 apartments at Moore House, London, SW1 by our Central London Residential Joint Venture (the "Joint Venture") announced on 20 July 2012, London & Stamford Property Plc (LSE: LSP.L) is pleased to announce that the Joint Venture has completed the £65 million refinancing of these apartments with The Royal Bank of Scotland Plc.
For further information contact:
London & Stamford Property Plc
Tel: +44 (0)20 7484 9000
Kreab Gavin Anderson
Tel: +44 (0)20 7074 1800
Notes to editors:
London & Stamford Property Plc was set up to exploit opportunities that it anticipated in the UK property cycle and is a group UK REIT. The Company has a highly experienced management team and invests in and actively manages commercial property, including office, retail and distribution real estate assets, all of which are located in the UK, and in residential assets in Central London.
The Company is traded on the London Stock Exchange's Main Market (LSP.L) and is authorised by the FSA to carry out certain regulated activities.
Further information on the Company is available from the Company's website: www.londonandstamford.com
This information is provided by RNS