Redevco Backs Invesco City Office Retrofit In Debut UK Loan
Courtesy of Redevco A rendering of the refurbished 10 Salisbury Square Private European real estate giant Redevco has provided its first loan as part of a push into property lending, backing an office retrofit in the City of London. Redevco provided a £48M facility for the acquisition and refurbishment of the 56K SF 10 Salisbury Square. Original Works, an office retrofit venture between $65B global fund manager Invesco Real Estate and UK development manager Simten, is leading the project. Original Works launched in January this year, aiming to undertake £500M of London retrofit projects....